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

Mark Budolfson, Francis Dennig, Frank Errickson, Simon Feindt, Maddalena Ferranna, Marc Fleurbaey, David Klenert, Ulrike Kornek, Kevin Kuruc, Aurélie Méjean, Wei Peng, Noah Scovronick, Dean Spears, Fabian Wagner and Stéphane Zuber
Additional contact information
Mark Budolfson: Rutgers University [Newark] - Rutgers - Rutgers University System
Francis Dennig: Yale-NUS College
Frank Errickson: Princeton's Woodrow Wilson School of Public and International Affairs - Princeton University
Simon Feindt: MCC - Mercator Research Institute on Global Commons and Climate Change - PIK - Potsdam Institute for Climate Impact Research
Maddalena Ferranna: Harvard School of Public Health
Ulrike Kornek: CAU - Christian-Albrechts-Universität zu Kiel = Christian-Albrechts University of Kiel = Université Christian-Albrechts de Kiel
Kevin Kuruc: OU - University of Oklahoma
Wei Peng: Penn State - Pennsylvania State University - Penn State System
Noah Scovronick: Emory University [Atlanta, GA]
Dean Spears: University of Texas at Austin [Austin]
Fabian Wagner: IIASA - International Institute for Applied Systems Analysis [Laxenburg]

PSE-Ecole d'économie de Paris (Postprint) from HAL

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.

Date: 2021
New Economics Papers: this item is included in nep-ene and nep-env
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-03462781v1
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Citations: View citations in EconPapers (3)

Published in Nature Climate Change, 2021, 11, pp.1025-1026. ⟨10.1038/s41558-021-01228-x⟩

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Journal Article: Protecting the poor with a carbon tax and equal per capita dividend (2021)
Working Paper: Protecting the poor with a carbon tax and equal per capita dividend (2021)
Working Paper: Protecting the poor with a carbon tax and equal per capita dividend (2021)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:pseptp:halshs-03462781

DOI: 10.1038/s41558-021-01228-x

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