A complementary climate currency as an emergent economic system to reliably achieve a coordinated emissions reduction trajectory ?
Emergent systems are characterized by the emergence of new properties in a complex system as a result of the interaction of its elements. Emergence arises on the basis of spontaneous self-organization, as can be observed in schools of fish or flocks of birds, for example.
With the climate currency ECO (Earth Carbon Obligation), the non-profit organization for sustainable economics SaveClimate.Earth has developed an emergent economic model (Cap, Personalize and Trade) that could replace European certificate trading and national CO2 taxes as a quota, pricing and billing system for greenhouse gases.
