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

Author:

Budolfson MarkORCID,Dennig FrancisORCID,Errickson Frank,Feindt SimonORCID,Ferranna Maddalena,Fleurbaey Marc,Klenert DavidORCID,Kornek Ulrike,Kuruc KevinORCID,Méjean AurélieORCID,Peng WeiORCID,Scovronick NoahORCID,Spears Dean,Wagner Fabian,Zuber StéphaneORCID

Publisher

Springer Science and Business Media LLC

Subject

Social Sciences (miscellaneous),Environmental Science (miscellaneous)

Reference5 articles.

1. Sterner, T. Fuel Taxes and the Poor: the Distributional Effects of Gasoline Taxation and their Implications for Climate Policy (Routledge, 2012). A volume compiling studies from around the world that together challenge the conventional wisdom that gasoline taxation, an important and much debated instrument of climate policy, has a disproportionately detrimental effect on poor people.

2. Klenert, D. et al. Making carbon pricing work for citizens. Nat. Clim. Change 8, 669–677 (2018). A study that synthesizes findings on the optimal use of carbon revenues from both traditional economic analyses and studies in behavioural and political science that are focused on public acceptability.

3. Carattini, S., Kallbekken, S. & Orlov, A. How to win public support for a global carbon tax. Nature 565, 289–291 (2019). An article describing evidence indicating that charges on emissions could be popular if revenues are given back to citizens.

4. Dennig, F., Budolfson, M. B., Fleurbaey, M., Siebert, A. & Socolow, R. H. Inequality, climate impacts on the future poor, and carbon prices. Proc. Natl Acad. Sci. USA 112, 15827–15832 (2015). An article that introduces sub-regional inequality into optimal climate policy models and finds that, when future damage particularly effects the poor, a considerably greater global mitigation effort is needed.

5. Economists’ Statement on Carbon Dividends (Climate Leadership Council, 2021); https://clcouncil.org/economists-statement/A statement — signed by over 3600 economists, including 28 Nobel laureates — that describes five policy recommendations to address global climate change, including the use of a carbon tax whereby all revenue is returned directly to citizens through equal per capita rebates.

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