1 Will the imposed fee raise prices?
Yes, prices of goods that involve fossil fuels will go up. We need this to stimulate green alternatives and cut emissions. But the price increase is compensated by the monthly climate income. Thanks to this, low and middle incomes would actually go up!
2 Why will low and middle incomes go up?
Low and middle incomes consume and pollute much less than high incomes. So they will feel the price rise of polluting goods much less. Yet they receive the same monthly climate income. Because of this low and middle incomes see a net benefit. Indirectly this money comes from big polluters and high incomes paying a fair price for the pollution they cause.
3 Will the impact be big enough to reduce our emissions?
It all depends on how high we set the fee on fossil fuels! If the fee is too low, the impact will be low. Set it high, and you get a very strong financial drive to a cleaner economy. So by setting a starting price and increasing it annually, we gradually build a strong impact.
4 Has it been tested?
Yes! Canada, Sweden and Switserland have such systems in place. The data is clear: the system significantly reduces emissions. It works! That's why it's so important to spread this idea!
5 Don't we need other government actions?
Yes, we also need goverment actions on education, research and infrastructure. And a Climate Income is fully compatible with all of these. It's an and/and solution! A Climate income simply creates a strong overall and market-based incentive to reduce emissions. It goes hand in hand with all other actions.
6 Does this solution cover all emission sectors?
What's great is that a Climate Income can cover all different pollution sectors. If we impose a fee per tonne of emissions, it creates an equal financial pressure on each tonne evenly. We can cover fossil fuels, and also industry and agriculture. This way, every sector that causes emissions is covered in a natural and fair way.