Universal Basic Income Could Double Global GDP While Cutting Carbon Emissions
Universal Basic Income Could Double Global GDP While Cutting Carbon Emissions
New analysis reveals potential for economic and environmental benefits of global basic income.
UBI: Yes.
Carbon taxes: Yes
Funding the former with the latter: Absolutely not, because the pressure to avoid the carbon taxes would end up underfunding the UBI.
Hypothecated taxes are tricky like that. I think they're underrated when it's essentially a user fee, but otherwise, no, it's an old-timey idea for a reason.
Fun fact, in Canada we have a carbon tax that goes right back out as cheques to people, kinda like this but at a lower rate. Currently getting rid of them is the leading candidate's whole platform
The article seems really vague on how this would work
Oh wow DOUBLE the GEE DEE PEE?!?!?!?!!@! Hard rn