Universal Basic Income Could Double World’s GDP And Slash Emissions

Universal Basic Income Could Double World's GDP And Slash Emissions

(Zac Wolff/Unsplash) What if we could keep everyone out of poverty while also tackling the climate crisis? It sounds too good to be true, but it could be possible with a universal basic income scheme funded by taxing carbon emissions, a new study shows.

Universal basic income (UBI) proposes that a regular payment to every person – with no questions asked or any means testing – could replace all other forms of welfare payment, and perhaps make us all happier at the same time.

The new research, led by a team from the University of British Columbia in Canada, shows UBI […]

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