Just released, the latest version of the Swedish Sustainable Economy Foundation’s White paper presents in detail how nations can usher in the zero emission, no waste society using a special fee mechanism on raw materials.
People get worried that we should reduce consumerism, as our way of life is driving resource use and emissions. Just reducing will collapse the economy. Instead, the Foundation proposes fees on introduction of raw materials into the economy. These fees are raised until the consumption and emission of materials ceases. But the money is redirected into the economy – paid out equally to all taxpayers. This ensures people have money to buy what they need.
The circular economy can be ushered this way: substances that are not biological of origin ( iron, other metals, mined substances etc) cost to enter the system, and the price is raised until they do not leave it. Biological nutrients circulate too, but enter and leave the economy without burdening recipient or reducing ecological maturity of the source. At the same time, money to enable these transactions circulates freely in the opposite direction.
Via Flora Moon, Daniel LaLiberte