The success of an hypothecated tax will depend largely on the ability of policy-makers to recognise past mistakes, adopt a low tax that voters can accept, convincingly hypothecate the tax revenues and equally convincingly support and permit innovative institutions to manage that investment effectively.
To reframe the climate issue around matters of human dignity and political pragmatism is not just noble and necessary. It is also likely to be more effective than the approach of framing around human sinfulness — which has failed. Securing access to low-cost energy for all, including the very poor, is truly and literally liberating. Building resilience to surprise and to extremes of weather is a practical expression of true global solidarity. Improving the quality of the air that people breathe is an undeniable public good. Significant public investment in direct decarbonisation of the global energy system is the most ambitious goal but is, in our view, only likely to be attained by an indirect approach.
This paper outlines a practical framing that might really work. This is how we believe that the crisis of 2009 should not be wasted. We write this paper as a first, not as a last word on the radical reframing that we advocate.
- Gambling On A Greater More Gracious Britain
- Xi Versus Trump: The Emperor And The Tycoon
- Can Trump Square The Circle On Fiscal Reform?
- Donald Trump And The Dividing Of America
- Theresa May Emerges From Thatcher's Shadow
- Not Tweets And Anger But Redoubled Vigilance
- Why France Is Revolting Against The Ancien Regime
- How The EU Elite Paved The Way For Populism
- Trump's America: The End Of Exceptionalism
- The Kaliningrad Contingency
- Mrs May Is Too Canny To Say Farewell To Arms
- To Understand Trump, Read Huxley — Not Orwell
- A Letter To Our Great-Grandchildren
- Trump Is No Loser, But Government Will Be Harder
- Trump's Appeal Is More Roosevelt Than Reagan
- The Trump Presidency: A Worst-Case Scenario
- We Cannot Take Liberal Democracy For Granted
- No Need To Fear Russia. The Bear Is Broke
- Who Will Do Justice To Our Judiciary?
- Trust Westminster On Brexit: It's All We've Got