Following up on an paper posted earlier this week on disproportionate carbon emissions based on income. This article, by one of the paper’s authors, proposes the possibility of imposing carbon tax on investment income as a more equitable means of influencing emissions.

Instead of putting the responsibility for cutting emissions on consumers, maybe policies should more directly tie that responsibility to corporate executives, board members, and investors who have the most knowledge and power over their industries. Based on our analysis of the consumption and income benefits produced by greenhouse gas emissions, I believe a shareholder-based carbon tax is worth exploring.

    • RvTV95XBeoOP
      2·
      1 year ago

      Updated the article link (had to remove the image)

      From the article:

      “Producer” and “supplier” reflect two different ways to calculate emissions from investments.

      The “supplier” column includes emissions along the investment’s supply chain, while “producer” is only emissions connected to operations.

      In short, looking at emissions using the supplier methodology is more inclusive but may result in double-counting.