Re:Humans have caused 1.5 °C of long-term global warming acc...
by YetAnotherNick on Sunday November 17, 2024 @09:58PM
(#42169345)
GDP is a number without lot of meaning. Better thing to compare is the percentage of tax revenue. Total tax revenue of the world is $14.8T. So you need more than 30% relative increase in taxation.
Re:Humans have caused 1.5 °C of long-term global warming acc...
by Aachen on Monday November 18, 2024 @03:32AM
(#42170737)
Keep in mind that most countries subsidise fossil fuels so that energy and transportation remains cheap and drives the economy — or at least that's the logic I hear, idk if it actually works that way
By not doing that, you free up quite a bit of tax money. I can't imagine it's the whole 30% but it would bring it down. Emissions tax would be another way to fund this figure at the same time as having corporations find ways to reduce emissions
And no, I won't be around by 2050.