What if we slapped carbon taxes on shareholders not consumers?

Focusing carbon taxes on shareholder income linked to GHG emissions could help pressure companies to lower their emissions

About 10 years ago, a very thick book written by a French economist became a surprising bestseller. It was called “Capital in the 21st Century.” In it, Thomas Piketty traces the history of income and wealth inequality over the past couple of hundred years.

The book’s insights struck a chord with people who felt a growing sense of economic inequality but didn’t have the data to back it up. I was one of them. It made me wonder, how much carbon pollution is being generated to create wealth for a small group of extremely rich households? Two kids, 10 years and a Ph.D. later, I finally have some answers. |Read more https://www.corporateknights.com/category-finance/what-if-we-slapped-carbon-taxes-on-shareholders-not-consumers/|

#CarbonTax #shareholders #CarbonPollution #ClimateChange #emergency #politics #cdnpoli