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

Budolfson, M., Dennig, F., Errickson, F., Feindt, S., Ferranna, M., Fleurbaey, M., Klenert, D., Kornek, U., et al. (2021). Protecting the poor with a carbon tax and equal per capita dividend. Nature Climate Change 11 (12) 1025-1026. 10.1038/s41558-021-01228-x.

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Project: Next generation of AdVanced InteGrated Assessment modelling to support climaTE policy making (NAVIGATE, H2020 821124)

Abstract

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.

Item Type: Article
Research Programs: Energy, Climate, and Environment (ECE)
Energy, Climate, and Environment (ECE) > Pollution Management (PM)
Energy, Climate, and Environment (ECE) > Transformative Institutional and Social Solutions (TISS)
Depositing User: Luke Kirwan
Date Deposited: 06 Dec 2021 14:30
Last Modified: 06 Dec 2021 14:30
URI: http://pure.iiasa.ac.at/17691

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