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Climate Tax – Economic Benefits

Net Impact on global GDP

The ClimateTax (Global Carbon Tax) increases the cost of energy. However, all climate tax revenues are directly re-invested into the economy. The negative impacts of increasing energy costs are immediately offset.

  • Cash-back: energy consumption is directly correlated to income. More than 60% of the global population will have more cash at their disposal, even accounting for increased energy cost
  • Renewable infrastructure investments create more economic momentum than will be lost in the fossil industry
  • Acceleration of renewable energy technology creates millions of jobs
  • Renewable energy is cheaper, and electric appliances more efficient than fossils: global spending for energy will be cheaper
  • Renewable energy infrastructure is the end of geo-political dependencies and the volatility of fossil markets
The global economic benefits of the proposed global climate tax is approximately 6% of global GDP
Global Carbon Tax and GDP

Why The Climate Tax works

  • The cash-back increases the purchase power of low-income brackets, maintain the purchase power of the middle class, and not affect the high-income brackets.
    More cash in the hands of the lower-income brackets equals higher spending, equals growth for local businesses
  •   The Climate Tax increases cost of fossil energy. The cost pressure of ClimaTax will drive further innovation and efficiency
  • Wind and the solar are cheaper than fossil generated electricity, already now. Electric appliances are much more efficient than fossil-powered equivalents. The investment in renewable energy infrastructure is further lowering cost of clean energy: the energy of choice will be renewable
  • The investments in the renewable energy infrastructure will create millions and millions of new jobs  –  way more than will be lost in the fossil industry

Why Climate Tax works