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We propose to use carbon tax to invest in world capital markets to reduce carbon emissions and to fund a social security benefit for future new born children. Carbon Tax fueled social security sovereign wealth fund for future new born children.
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We propose to use carbon tax to invest in world capital markets to reduce carbon emissions and to fund a social security benefit for future new born children
Carbon Tax fueled social security sovereign wealth fund for future new born children • 4 million 67 year olds at $2,400 each per year • A $200 per month benefit • $9,600,000,000 per year benefit paid in year 67 • $19,200,000.00 • $28,800,000.00 • $38,400,000.00 • $48,000,000.00 • $57,600,000.00 • $67,200,000.00 • $76,800,000.00 • $86,400,000.00 • $96,000,000.00 • $105,600,000.00 *** • *** The $105 Billion per year benefit pay out at year 11 represents 40 or so Million retirees who start to pass away to be replaced by the newly retired. The $105 Billion should start to stabilize 10 to 15 years after the first Carbon tax children retire. ( 82 years after enactment)
A invested carbon tax 70 years in the future allows a saving to future tax payers from savings from freeing the elderly from welfare • S4,800 each per year benefit paid. • A S400 per month benefit • $19,200,000,000 • $38,400,000,000 • $57,600,000,000 • $76,800,000,000 • $96,000,000,000 • $115,200,000,000 • $134,400,000,000 • $153,600,000,000 • $172,800,000,000 • $192,000,000,000 • $211,200,000,000 *** • *** $211 Billion per year for 40 Million retirees • $8,400 each per year • A $800 per month benefit • $33,600,000,000 • $67,200,000,000 • $100,800,000,000 • $134,400,000,000 • $168,000,000,000 • $201,600,000,000 • $235,200,000,000 • $268,800,000,000 • $302,400,000,000 • $336,000,000,000 • $369,600,000,000 *** • *** $370 Billion per year for 40 Million retirees
67 years after enactment;$250 Billion per year carbon tax invested produces $88 Trillion total • $18,000 per year • $1,500 per month benefit • $72,724,000,000 • $145,448,000,000 • $218,172,000,000 • $290,896,000,000 • $363,620,000,000 • $436,344,000,000 • $509,068,000,000 • $581,792,000,000 • $654,516,000,000 • $727,240,000,000 • $799,964,000,000 *** • $800 Billion per year for 40 million retirees • earning's on the carbon tax sovereign wealth fund is, • 3,288,014,184,962.90 ( year 67-68) • 3,421,534,752,361.41 • 3,560,396,142,455.87 • 3,704,811,988,154.10 • 3,855,004,467,680.27 • 4,011,204,646,387.48 • 4,173,652,832,242.97 • 4,342,598,945,532.69 • 4,517,302,903,354.00 • 4,698,995,019,488.16 • 4,887,954,820,267.69 • $800 Billion is about 1/5 of the earnings of $ 5 Trillion per year of the $88 Trillion total fund***
Federal research can prime the pump for sovereign wealth fund expansion of industry into the solar system • Carbon tax social security sovereign wealth fund NASA space act agreement • NASA agrees to engage in mission design of human and science mission directorates to maximize the purchase of sovereign wealth fund NASA space act agreements services, • This may be a combination of return to shareholders and fund investments in new space. • NASA • Agrees that the social security sovereign wealth fund is entitled to a return on investment. • The sovereign wealth fund is a purchaser of and a consumer of NASA space act agreement products. • The sovereign wealth fund is also a major share holder of NASA contractors and as such is entitled to a obligation duo to share holders,
Fuel depots, solar electric ion powered tug, small fission reactor and a pilot commercial molten salt reactor are needed • The Congress and NASA agree to fund R & D for Fuel Depot development and deployment at LEO and L1 and L2.This would require a commitment of $ 500 Million per year for 5 to 10 years under a COTS commercial agreement where private company's field the first fuel depots and fill them. • Private company's would match at least 40% the $500 million per year NASA commitment. • The sovereign wealth fund would purchase fuel depot products for SBSP and required cis-lunar infrastructure to build it and support it. • The Congress and NASA agree to fund under space act agreements a commercial solar electric ion powered tug. • $ 400 Million per year for 5 years to field a flight vehicle. • The Congress and DOE agree to field a pilot commercial molten salt reactor in less then ten years; the sovereign wealth fund agrees to deploy these reactors nation wide. • DOE and NRC agree to establish a Licensee procedure for Canadian heavy water reactors and to use spent PWR fuel in the DUPIC process