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The potential of wealth taxation to address the triple climate inequality crisis
Journal article   Open access   Peer reviewed

The potential of wealth taxation to address the triple climate inequality crisis

Lucas Chancel, Philipp Bothe and Tancrède Voituriez
Nature Climate Change, Vol.14(1), pp.5-7
2024
DOI: https://doi.org/10.1038/s41558-023-01891-2

Abstract

Climate change Inequality Taxation H - Public Economics/H.H2 - Taxation, Subsidies, and Revenue/H.H2.H23 - Externalities • Redistributive Effects • Environmental Taxes and Subsidies Q - Agricultural and Natural Resource Economics • Environmental and Ecological Economics/Q.Q5 - Environmental Economics/Q.Q5.Q54 - Climate • Natural Disasters and Their Management • Global Warming
The triple climate inequality crisis, or in contributions, impacts and capacity to act within and between countries,is a central issue in addressing climate change. This Comment advocates for progressive wealth taxation as a viable solution to the finance gap.
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