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
Francis Dennig: Yale-NUS College
Frank Errickson: University of California
Simon Feindt: Mercator Research Institute on Global Commons and Climate Change
Maddalena Ferranna: Harvard University
Ulrike Kornek: Mercator Research Institute on Global Commons and Climate Change
Kevin Kuruc: University of Oklahoma
Wei Peng: Pennsylvania State University
Noah Scovronick: Emory University
Dean Spears: University of Texas
Fabian Wagner: International Institute for Applied Systems Analysis

Nature Climate Change, 2021, vol. 11, issue 12, 1025-1026

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
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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)
Working Paper: Protecting the poor with a carbon tax and equal per capita dividend (2021)
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DOI: 10.1038/s41558-021-01228-x

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