Comment by Arainach

China turning the corner on emissions has far more to do with their desire to get out from under the possibility of an oil blockade locking up their economy than green pressure from the west. They also organically have an environmental movement, though not one that they are willing to kowtow to at the cost of growth.

I think a cap on what consumption you're allowed until you can prove utility to society would be beneficial. That said, with crypto it was distributed so it'd be extremely hard to enforce, and using the example of how AI has played out there's companies willing and able to dump money speculating on it just so they don't lose out if it does bear fruit. I expect for anything in future that shows potential they can organize themselves around regulations faster than new rules and enforcement could adapt.

Disturbingly authoritarian impulses for a dubious prescription.

The climate goes through natural cycles, we are actually coming out of a global temperature low after the ice age. Cold eras are actually far more dangerous throughout human history, for example the Little Ice Age during the Dark Ages which caused widespread crop failures and famine in Europe. Warm eras are correlated with the golden ages of civilizations, such as the Roman Warm Period. Zooming out over geological time, the Earth is currently near an all time low in terms of surface temperatures.

Cryptocurrency functions as a decentralized means of exchange outside of the control of centralized powers. Governments have been feverishly debasing their fiat currencies, which has fueled inflation, pricing many young people out of owning a home. It would seem you would rather trap people in an inflationary monetary paradigm, justifying it with secular eschatology. Millenarian Marxists have similarly latched onto climate change as their justification for abolishing private property, policies of degrowth, and other anti-human initiatives.

Energy per capita is tightly correlated with living standards. We saw broad wealth increases up until about 1970, after which energy per capita flat lined, and income inequality started worsening. Europe has implemented many of the polices you want, and has achieved nothing besides deindustrialization and irrelevancy.

China's CO2 emissions are increasing dramatically, and they continue to build more coal and natural gas plants. The USA and Europe reduced their emissions mostly by offshoring manufacturing to China.

It seems you're deeply confused about how the world works.