Providing a universal basic income (UBI) worldwide could boost economies and address environmental challenges, according to new research.
New analysis indicates that implementing a basic income scheme could increase the global gross domestic product (GDP) by 130 per cent.
Researchers propose funding the UBI through an emissions tax on carbon dioxide (CO2) emitters.This approach not only aims to support economic growth but also to mitigate environmental degradation.“We are proposing that if we can couple basic income with environmental protection, we can save two birds with one stone,” says first author Ussif Rashid Sumaila of the University of British Columbia in Vancouver.The […]
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