The document discusses issues with the current carbon-based economy including limited fossil fuel supplies and high carbon dioxide pollution. It notes that hurricanes are becoming more intense and frequent under warmer, high-CO2 conditions. Taxing CO2 emissions has failed for most but selective incentivization works better than broad taxes or coupons. The document proposes making CO2 life cycle management a profitable business by considering CO2 a strategic resource and capturing and transforming it in real time at the industrial source. This could help transition from a fossil fuel-based economy to one managed around the CO2 life cycle for economic and sustainability benefits.