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…
Tag: economics
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A new working paper (i.e. not yet peer reviewed) has been published by The National Bureau of Economic Research (US).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…
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…
Molly Scott Cato discusses the Green Party’s carbon pricing policy…
At the November CCL UK national meeting we had an informative talk by Molly Scott Cato, the Green Party’s Finance and Economic spokesperson. Molly explained the background to the Green Party’s carbon pricing policy, which currently comes closest to the Climate Income policy advocated by Citizens’ Climate Lobby UK.* Molly explained that the EU would…
New report ‘Climate Equality: A planet for the 99%’ ….
Over the past 6 months Oxfam, The Guardian, Stockholm Environment Institute et al have been working on a report, Climate Equality: A planet for the 99%. The report details how the richest 1% emit more carbon than the poorest 66%. Not only do their transport, heating, air conditioning and doomsday bunker choices emit tonnes more…
In May this year Citizens’ Climate International (CCI) Activists from all over the world submitted ‘Talanoa Dialogue’ videos on the topic of climate ambition. You can watch the compilation video on the CCI website here, it includes a short extract from the UK video, written and presented by Dave Waltham at 2.50. This autumn the…