It's all well and good to propose these taxes but getting people to agree to it, is another. These multi-billionaires didn't get to where they are by giving their money away with no return investment. Most will fight this or lobby the U.S. government to not sign on for this. Germany is your first example here of how the rich will stand against paying any extra taxes, not that they pay much now.
In addition to man-caused climate change, consisting of extreme weather events and a general abnormal warming of the planet, increasing wealth inequality and a trend towards creation of an oligarch class (unfortunately, generally supremely self-interested) are wreaking havoc with the human race. Obviously, we need to reduce our use of fossil fuels as much as possible. And that would not be very diffficult. In addition, Duflo offers great advice. As you point out, more and more economists are getting on board with her sensible approach.
Looks like misplaced and misinformed virtue signaling, and transferring wealth from the west to the rest is already at danger level through trade globalization. And we should cancel the UNs ideas to continue this wealth transfer for a climate emergency that does not exist.
More people die from cold than heat by a factor of 6 to 8 times and the only way to adapt to extremes of local climate is with the increased use of fossil fuels.
As long as we have our own citizens living in tents and our children undernourished, we should forget these Marxist ideas…
We should be taxing global corporatism much more as they are great at tax evasion at the national level.. let’s fix that first.
I agree it is a great idea; I would just worry about the implementation - how do we get the cash transfers to those people without a lot of grift between the billionaire and corporate donors and the poor people being affected by climate change?
It’s a great concept, one that would also seem popular because most people aren’t billionaires. The disparities of impacts are clear. It may even be accepted by many of them.
But then you try to sketch it out in your head on the steps to make it happen, particularly knowing the existing fund is no where near where it needs to be, and cynicism kicks in. Is there any existing, globally enforced and monitored law on individuals? And if someone cheats the system established, who enforces it?
I understand the marathon/sprint reference, but the climate isn’t really waiting for humans to get their collective act together. So in that regard, it may just be more of a sprint to mitigate the worst outcomes.
It's all well and good to propose these taxes but getting people to agree to it, is another. These multi-billionaires didn't get to where they are by giving their money away with no return investment. Most will fight this or lobby the U.S. government to not sign on for this. Germany is your first example here of how the rich will stand against paying any extra taxes, not that they pay much now.
In addition to man-caused climate change, consisting of extreme weather events and a general abnormal warming of the planet, increasing wealth inequality and a trend towards creation of an oligarch class (unfortunately, generally supremely self-interested) are wreaking havoc with the human race. Obviously, we need to reduce our use of fossil fuels as much as possible. And that would not be very diffficult. In addition, Duflo offers great advice. As you point out, more and more economists are getting on board with her sensible approach.
Looks like misplaced and misinformed virtue signaling, and transferring wealth from the west to the rest is already at danger level through trade globalization. And we should cancel the UNs ideas to continue this wealth transfer for a climate emergency that does not exist.
More people die from cold than heat by a factor of 6 to 8 times and the only way to adapt to extremes of local climate is with the increased use of fossil fuels.
As long as we have our own citizens living in tents and our children undernourished, we should forget these Marxist ideas…
We should be taxing global corporatism much more as they are great at tax evasion at the national level.. let’s fix that first.
Preach, Esther. Let's cut out the middle man.
I agree it is a great idea; I would just worry about the implementation - how do we get the cash transfers to those people without a lot of grift between the billionaire and corporate donors and the poor people being affected by climate change?
It’s a great concept, one that would also seem popular because most people aren’t billionaires. The disparities of impacts are clear. It may even be accepted by many of them.
But then you try to sketch it out in your head on the steps to make it happen, particularly knowing the existing fund is no where near where it needs to be, and cynicism kicks in. Is there any existing, globally enforced and monitored law on individuals? And if someone cheats the system established, who enforces it?
I understand the marathon/sprint reference, but the climate isn’t really waiting for humans to get their collective act together. So in that regard, it may just be more of a sprint to mitigate the worst outcomes.