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Protect the poor from being penalised by carbon taxes | Torsten Bell

04.10.2020
Příroda
Green economists will never get the public on their side until they factor in the cost to lower-income householdsIn those glorious pre-pandemic days we only had climate change to worry about. Post-pandemic, we'll need to get right back to worrying about it - and actually doing something about it.On the "doing" front, economists like the idea of carbon taxes to help reduce our emissions. And recent research shows that such taxes can work. Sweden was one of the first countries in the world to implement a carbon tax in 1991, having extended VAT to petrol the previous year. The result was 11% lower transport fuel emissions compared with similar OECD countries. Continue reading...
Zdroj: The Guardian

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