NOBEL PRIZE-WINNING ECONOMIST CALLS FOR CLIMATE TAX ON BILLIONAIRE Economist Esther Duflo is the youngest person ever to win the #NobelPrize#Economics#tax#rich#climatedamages#superrich#climatecrisis#Corporationsopen.substack.com/pub/heated/p...
And she called for the money to be sent directly to the world's most climate-vulnerable people.
“While everyday Americans pay taxes on this wealth and contribute to crucial programs like #SocialSecurity#billionaires#taxwww.salon.com/2024/04/11/u...
Billionaires now control 1 out of every 25 dollars of American wealth.
“‘One big error, I think, in our thinking about climate has been to dissociate the effort to reduce climate change and the effort to reduce inequality. The two are intimately connected, because the more you consume, the more you emit.. www.nytimes.com/2022/09/19/c...
The Nobel Prize winner Esther Duflo said poorer nations are at ‘dramatic’ risk if policies, attitudes and support from rich countries do not improve.
“‘We need to establish new norms where the very wealthy contribute their fair share,’ Joseph Stiglitz, another Nobel Prize-winning economist, said. www.reuters.com/world/americ...
Brazil's proposal to tax the super-rich globally gained momentum among Group of Twenty members on Wednesday, with France's finance minister and the head of the International Monetary Fund backing a coordinated push to generate new revenue and build a better common future.
“Obviously, you cannot compensate people for being dead,” Duflo told HEATED in an interview. “The use of this fund is to prevent as many of these deaths as possible.” “This is our moral debt,” she added.
A protestor wears a Jeff Bezos mask. A 2% wealth tax on Bezos would contribute $3 billion per year to climate adaptation.
