Illustration: Anna Parini. In a bold move that could transform the global economy and tackle climate change, researchers propose a universal basic income funded by carbon taxes. This plan promises to double global GDP and significantly cut carbon emissions, presenting a dual solution to economic inequality and environmental degradation.
The idea is simple: provide every person on Earth with a regular cash payment. This financial security, the study suggests, would trigger a ripple effect, boosting economic activity and leading to a more prosperous world.
The new analysis suggests that implementing a global basic income could increase the world’s gross domestic product […]
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