“Three, it can be fair. It is fair first, because the more you pollute, the more you pay, and the less you pollute, the less you pay. But also, many countries [can] take some of this money and give it back, especially to the vulnerable people.”
IMF chief makes the case for carbon pricing at COP28 climate talks (cnbc.com)
Wants fuels to be priced so high that only the rich can afford to heat their homes or travel in the next few decades, when alternatives are not yet available. The taxes collected, she says, will be used as a way to redistribute wealth.
