Free eprint link: www.tandfonline.com/eprint/WMBDY...
@icta-uab.bsky.social
Free eprint link: www.tandfonline.com/eprint/WMBDY...
@icta-uab.bsky.social
Wealth tax are growing in popularity, eg in the UK, France and through a G20 plan for a minimum wealth tax on billionaires.
We argue that a wealth tax would do little to reduce inequality-related emissions but would be a valuable source of revenue for decarbonisation.
Wealth tax are growing in popularity, eg in the UK, France and through a G20 plan for a minimum wealth tax on billionaires.
We argue that a wealth tax would do little to reduce inequality-related emissions but would be a valuable source of revenue for decarbonisation.
4. Increased inequality may lead to a higher share of wealth going to carbon intensive investments.
4. Increased inequality may lead to a higher share of wealth going to carbon intensive investments.
2. Wealth inequality permits the superrich to engage in excessive highly carbon intensive consumption, such as the use of private jets.
2. Wealth inequality permits the superrich to engage in excessive highly carbon intensive consumption, such as the use of private jets.