The campaign for World Basic Income, a global scheme to redistribute wealth, share natural assets and end poverty. Also known as Global Citizens Income, Universal Dividend and other names.
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  • What and why
    • What is WBI?
    • Frequently Asked Questions
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  • How WBI could work
    • Funding a world basic income
    • How much would we get?
    • Distributing the money
    • Possible effects of a WBI
  • Blog
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    • Who we are
    • What We Do
    • Contact us
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A new proposal for climate justice: International carbon charge and dividend

12/7/2020

 
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World Basic Income has today published a new paper outlining proposals for an international carbon charge scheme, that would:
  • Cap overall carbon extraction, and reduce the cap briskly towards zero, thereby directly addressing the climate emergency.
  • Require all fossil fuel extractors to buy permits for every tonne or litre of fuel they extract.
  • Provide real climate justice, by placing the money raised in a global Sovereign Wealth Fund (which would be invested in people-owned renewable energy infrastructure) and distributing the investment income from that fund as cash dividends to every adult and child worldwide.
The paper is available here, and will be presented at our upcoming webinar on 30th July for which you can register here.

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