Sunday, 9 June 2024

Basic income can double global GDP while reducing carbon emissions

Basic income can double global GDP while reducing carbon emissions

Giving a regular cash payment to the entire world population has the potential to increase global gross domestic product (GDP) by 130%, according to a new analysis published June 7 in the journal Cell Reports Sustainability. Researchers suggest that charging carbon emitters with an emission tax could help fund such basic income program while reducing environmental degradation.

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