A recent analysis published in the journal Cell Reports Sustainability suggests that providing a regular cash payment to the entire world population could potentially increase global gross domestic product (GDP) by 130%. The researchers propose coupling this basic income program with charging carbon emitters an emission tax to fund the initiative and also reduce environmental degradation. Lead author U. Rashid Sumaila from the University of British Columbia believes that implementing basic income alongside environmental protection efforts could achieve sustainability goals without compromising people’s livelihoods, particularly those who rely on fisheries subsidies for their families.
The cost of providing basic income […]
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