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Spoke with a friend about a creative use of mints/the tax system. Basically the thought was the "X per day" laws give credit to people who probably can't use them but they can't "trade" those credits to someone who can. Even if it's a proxy for that person doing the cutting on their behalf. And since "real" hunting licenses and tags tend to be handed out based on the number of hunters that are going to be around, got to wondering.

Has anyone tried creating currencies that function as permits for particular things? Thought process is you could give/sell them off in some limited number and have a law tax one every time they harvested the controlled thing, or trade them off if needed. Maybe a logger won't be on long one particular day and sells his tokens to another logger, and maybe there is some law that taxes/allocates people's tokens so they always start the day with the same number of them.

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almost 5 years ago - /u/SLG-Dennis - Direct link

Yes, we used a currency called Emission Permits and simulated the EU "stock exchange" of the real-life pendant. (Obviously not how it does exactly work, but a cool representation) Everyone got a limited amount of them, that was refreshed daily to a lesser amount. (E.g. you start out with 10 and get refilled to 5 per day) We built a building where we offered claims for a currency exchange and people had to buy their emits from other people that defined their price for them, giving non-polluting people a bit of control about pollution via pricing. Concept worked great, but it's a hard thing to balance what should cost how many emission permits. (And depends greatly on how many people are participating in the stock exchange)

People also got permits for doing good things - planting trees, removing wood pulp. Like in the EU system you can get certificates / not need to pay them when you make your co2 usage good via other means, for example planting forests.