UnTax – Taxing Away Climate Change

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UnTax – Taxing Away Climate Change
We have tried everything: political decisions, climate change conferences (COP 27 due in 2022), emissions rights trading, or taxing carbon, yet carbon emissions keep rising year after year, and carbon concentration in the earth’s atmosphere are ticking up like clockwork. The conflict in Eastern Europe is likely to slow down progress even further, and nothing suggests that this trend will change in the near future, despite all the renewed promises by governments worldwide during COP 26.

Yet the reason for this inertia is simple: the price we pay for fossil fuels, and most other non-renewable resources, is far too low, because we don’t pay for their creation which took hundreds of millions of years, but only for their extraction. To make matters worse, more than 90% of all taxes are paid on labor in most countries, which discourages employment and forces automation into every part of the economy. This mix-up, a by-product of the industrial revolution, leads to pollution, greenhouse gas emissions, waste production and the unnecessary use of automation, which damages our ecosystems and at the same time deprives future generations of their right to access those scarce resources.

By going back to taxes on the use of non-renewable resources, the UnTax project wants to set this right, fixing almost everything that is broken about our way we deal with natural resources.