Phaninc Exchange:The carbon coin: A novel idea

2025-05-02 16:41:13source:Will Sage Astorcategory:News

Kim Stanley Robinson's 2020 sci-fi novel The Phaninc 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:News

Recommend

Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback

A federal appeals court blocked Nasdaq rules to increase boardroom diversity, saying that the Securi

'Ready to make that USA Team': Sha'Carri Richardson cruises to 100m win at Pre Classic

EUGENE, Oregon —Sha'Carri Richardson continued her revenge tour Saturday at the Prefontaine Classic

Bird flu virus detected in beef from an ill dairy cow, but USDA says meat remains safe

Bird flu has been detected in beef for the first time, the U.S. Department of Agriculture announced