In the event of complete decarbonisation by 2040, as sovereign states not only fund the difusion but democratic ownership of green energy infrastructure, then the achievement will extend beyond averting runaway climate change – as magnificent as that will be. It would also mean those historically poorer countries along the equator would possess some of the most abundant, cheapest energy on Earth. This, alongside the delivery of UBS, would underpin similar leaps forward in health, education and housing, enabling meaningful development like never before and helping sever the chains of economic dependence that have characterised centuries of plunder and exploitation. Amid recent calls for reparations to atone for the historic injustices of the Atlantic slave trade and European empires, a One World Tax would turn a timely idea into a concrete demand. Wealthier countries must pay for the clean energy of poorer ones.
Fundamental Principles
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