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Universal Basic Income Could Double Global GDP While Cutting Carbon Emissions
(www.zmescience.com)
this post was submitted on 13 Jun 2024
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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