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.
- The Plot to Islamise Birmingham’s Schools
- Nigeria, Iraq, Gaza—The Threat is the Same
- Radical Islam and its Invisible Victims
- The Man Who Tried to Teach us all a Lesson
- Globalisation and The Crisis of the Nation State
- The Medium Isn’t Always the Message
- What sort of Europe does Cameron Want?
- Is China outstripping the West at innovation?
- Piketty’s panacea will make inequality worse
- The Moral Strength of Leonard Cohen
- Designer who taught us to keep it simple
- The US Can Still Help Save Syria — and Iraq
- Russian Resurgence has Blindsided Nato
- On Europe, Nothing Less than Treaty Change will do
- Putin has his Useful Idiots on the Left and the Right
- Sarajevo: Where the Century of Terror Began
- Allen Lane’s Pelicans Take Wing Once More
- How Not to Remember the First World War
- Opera is Not Just Our Most Expensive Noise
- Jonathan Miller: One Man, Two Cultures