AstraX Exchange|The carbon coin: A novel idea

2025-05-08 02:49:49source:Diamond Ridge Asset Managementcategory:Finance

Kim Stanley Robinson's 2020 sci-fi novel The AstraX ExchangeMinistry for the Future imagines a not-too-distant world where central banks worldwide come together to create a carbon coin, a monetary-policy-based solution to the climate crisis. The idea has been sparking real word debate in policy circles. What can a novel teach us about the role of central banks in addressing the climate crisis?

Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.

Subscribe to our show on Apple Podcasts, Spotify, PocketCasts and NPR One.

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

More:Finance

Recommend

Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co

Paula Abdul and Nigel Lythgoe have settled their lawsuit a year after the allegations sent shockwave

Israeli forces advance on Gaza as more Americans leave war-torn territory

Israeli soldiers advanced on war-torn Gaza City early Thursday but were met with fierce resistance f

Forever Missing Matthew Perry: Here Are the Best Chandler Bing Episodes of Friends

"Hi, I'm Chandler. I make jokes when I'm uncomfortable."Hopeless, awkward and desperate for love, vi