A new study published in Cell Reports Sustainability (7/6/24) on the effects of a universal basic income (BI) is based on analysis of 186 countries and is the largest of its kind to date*. It states that providing a BI could boost global gross domestic product (GDP) by US$ 163 trillion while acting to curb…
Decarbonisation
Our chance to show how Climate Income could help the new Government achieve its net zero targets!
As everyone will be aware the political landscape suddenly changed overnight on the 4th of July! CCL UK welcomes the new attitude where getting to Net Zero is seen as a real opportunity. (Article updated 18/7/24). There is a very useful analysis of exactly what the challenges and opportunities are on the Carbon Brief website.…
The cost of climate change just got an update…..
A new working paper (i.e. not yet peer reviewed) has been published by The National Bureau of Economic Research (US). Titled “The Macroeconomic Impact of Climate Change: Global vs. Local Temperature”, the paper claims that the macroeconomic damages from climate change have been seriously underestimated and are six times worse than thought. It has been…
Climate Income – How this powerful climate policy can address the cost of living crisis.
The next UK government must address the cost of living crisis. It’s also clear from public data that the climate crisis is an ongoing concern for 75%. Now there is the opportunity to kill multiple birds with one stone. The latest developments in the EU Green Deal are contributing to international momentum on the subject of carbon pricing.…
The Climate Damages Tax proposal.
A new Climate Damages Tax report has been published by Stamp out Poverty. The first was published in 2018 before the Loss and Damage Fund was agreed at COP28 which was kick-started by the UAE’s $100 million pledge. By 2 December 2023, a cumulative total of $655.9 million had been pledged to the Loss and…
Canadian economists defend the Canadian Climate Income Policy – it remains the most cost effective way to decarbonise.
CCL Canada activists are currently having to campaign hard against the claims of opposition supporters that carbon pricing is hurting citizens, even though the rebate more than covers the rising costs for most income groups. Here’s the CCL Canada Press Release and a statement from Canadian Economists which supports the continuation of the Greenhouse Gas…
CCL UK statement on the Labour green investment pledge.
Politics in the real world is hard. As an international organisation working to influence politicians and policy makers across the globe Citizens’ Climate Lobby understand the pressures, even in countries where Climate Income is established like Canada and Switzerland. It is not our place to discuss and speculate on the decision of Labour to drop…
Climate Change Committee gives verdict on the implications of COP28
Yesterday the Climate Change Committee released its summary of the implications of the Cop28 outcome for the UK. The CCC warns that the government’s “mixed messages” did damage its reputation on the world stage and decarbonisation progress beyond electricity generation is lagging. Non energy generation emissions must quadruple to meet the UK’s target under the…
IMF head reminded COP28 of the sensible solution to pay for and incentivise global decarbonisation
While we anxiously await the final outcome of COP28 here’s what IMF head Kristalina Georgieva said earlier about the obvious solution to finding the finance to decarbonise the world. It has been estimated that developing countries will require $2 tn pa to decarbonise, mitigate and adapt (the IMF estimates the global economy is worth about…
CCL member’s letters in the Guardian, pointing out that there is a fair solution to climate change and climate inequality…..
CCL UK members have recently succeeded in making a splash in the Guardian, several years after our last successes. Joe Grimm responded to the article titled: Five years on, the world is failing to learn the gilets jaunes’ lesson about class and climate which reiterated the dangers of climate policies which place the greatest burden on…