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SUMMARY:Debating the Climate Corporate Tax (by Pierre André)
DTSTART:20241212T100000Z
DTEND:20241212T113000Z
DTSTAMP:20241119T131245Z
UID:presentation-161.series-10
DESCRIPTION:Although the creation of a new fund dedicated to climatic loss
  and damage has been agreed at COP 27 in 2022\, it remains unclear how it 
 will be financed. Given the current insufficiency of climate finance\, new
  policy instruments may have to be found. Recently\, economist Esther Dufl
 o has proposed the introduction of a global corporate climate tax in order
  to fund direct transfers to the victims of extreme weather events like he
 at waves\, floods and droughts. It has been presented as a way to discharg
 e the climatic “moral debt” that rich people in the global North have 
 towards vulnerable people in the global South and as a “progressive” a
 nd thus “just” tax. In this paper\, I want to assess the fairness of s
 uch an instrument. This raises both normative and empirical questions. On 
 the normative side\, there may be a tension between a corrective approach 
 to corporate responsibility and a distributive approach to interpersonal j
 ustice. On the factual side\, the fairness of a climate corporate tax may 
 also depend on its economic incidence and on the carbon intensity of corpo
 rate profits.
LOCATION:SR Wegener Center\, Brandhofgasse 5\, 1st floor
ORGANIZER;CN="Douglas Maraun";ROLE=CHAIR:MAILTO:douglas.maraun@uni-graz.at
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