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Protecting the poor with a carbon tax and equal per capita dividend

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Article

Budolfson, Mark ; et al.

Nature Climate Change

2021

11

1025-1026

climate change ; environmental policy ; taxation ; well being ; poverty ; social inequality

Income distribution

https://doi.org/10.1038/s41558-021-01228-x

English

Bibliogr.

"We find that if all countries adopt the necessary uniform global carbon tax and then return the revenues to their citizens on an equal per capita basis, it will be possible to meet a 2 °C target while also increasing wellbeing, reducing inequality and alleviating poverty. These results indicate that it is possible for a society to implement strong climate action without compromising goals for equity and development."

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