13: Could a New Global Currency Help Avert the Climate Crisis?

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Could an economy that directly rewards carbon emissions reduction and sequestration be the solution to the climate crisis? In today’s episode, we explore proposals for a global carbon currency: one unit of currency for one ton of CO2 reduced or removed. We’ll hear from Suzi Kerr (Chief Economist, EDF), Bill English (Professor in the Practice of Finance, Formerly on the Board of Governors of the Federal Reserve System), Vanessa Fajans-Turner (Executive Director, BankFWD; Candidate for Congress NY-22), Samuel Kortum (Professor of Economics, Yale University), Frank Van Gansbeke (Professor of the Practice, Middlebury College), and Diana Cárdenas (QOIN Foundation). Read more at pricingnature.substack.com.