Wednesday, June 21, 2017

“The inevitable climate solution” also helps to face structural unemployment, economic growth, and inequality

George P. Shultz and Lawrence Summers sign up completely on a revenue neutral carbon tax proposed by the Climate Leadership Council. “The inevitable climate solution” Washington Post, June 20.

Indeed a carbon tax which revenues are equally redistributed to all is the way of how to align the market signal that will help to face the current environmental challenges, the current concerns about inequality, the current proposals of a universal basic income to face growing structural unemployment, and the current concerns about the lack of sustainable economic growth.

So please, even if this could make Trump to become a greater green hero than Al Gore, swallow it, for the best of our young.