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What still sounded like dreams of the future in the novel "ministry for the future" could actually be the gamechanger for climate policy and be initiated initially within Europe through the climate currency ECO (Earth Carbon Obligation).

We are Jens and Angela Hanson, developers of the Alternative Climate Concept which foresees the introduction of a resource currency ECO, initially within Europe.

It provieds a holistic accounting system for a socially just CO2 pricing, which we bring in as an alternative to CO2 tax and EU-ETS. By limiting, rationing and personalizing greenhouse gas emissions, a social-ecological transformation can take place that is holistic, fair and liberal. The ECO should and must be a major aspect of the public and political debate on stemming the impacts of climate change.

Raising prices, such as the recent carbon tax on consumer goods, will not at once result in drastically lowering emissions. We need a more dependable and – most importantly – an inherently socially fair pricing model that takes our planet’s limitations into account.

The only solution is to make our consumer products greener and more climate friendly instead of relying on voluntary individual renunciation or small - scale savings measures. This is already technically possible. However, it has failed so far due to economic efficiency, because fossil fuels are simply too cheap. There has never been a price tag on what fossil fuels and their processing really cost our environment – a grave mistake at the expense of our children and their children’s children.

Of course, implementing the ECO system is not an effortless enterprise. We are convinced that coping with the impacts of uncontrolled climate change will be far more difficult, and socially disastrous. Meeting our climate goals is a challenge we must rise to together in a collective effort. And only a truly effective blanket concept can master the situation for us now and the generations to come. We must act now. We must act effectively.

Our aim is to open public and political discussions on our climate concept, to hone it, expand on it and implement it in its existing or improved form. Only Nature can create perfection – we are continuously learning and refining our ECO concept. Your constructive ideas are most welcome.

Jens & Angela Hanson
SaveClimate.Earth
We're EU Climate Pact Ambassadors since 2021