Rhode Island lawmakers introduce 'green coin' in housing bill by catarinalsm
A Rhode Island green housing bill introduced last week proposes a “green coin” to be issued as an incentive for carbon emission reduction.advertisementIntroduced last week, the bill would create an incentive for lower carbon emissions with a “green coin” issued by the state.
While there are many ways to make housing green, Tobon pointed out self-sustaining energy sources such as solar panels or geothermal. “There will be a calculation to say ‘if you cooled or heated your home for so many hours that's equivalent to this,'” he explained. “So early on it will be a reward, but then it's gonna become a way of life. As more people have it then it's just the norm. One day, my kids won't even know that people were incentivized to do this.”
While the concept of this “green coin” system is still at a very early stage, Tobon said possible real-world applications could include paying for public transportation and for charging your electric car with these tokens.
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