What is it about?
Goal: The current Covid-19 pandemic has raised awareness of the urgency of reforming our economy to achieve a global recovery. This endeavour will require the implementation of various strategies aiming for a system reset, at the core of which is the sustainable recovery model. In 2009 the United Nations General Assembly proclaimed 22 April as International Mother Earth Day. It was a brave act of acknowledgement that the Earth and its ecosystems are our typical home. At the same time, it is a tangible expression of the global conviction that humankind must be in Harmony with Nature to achieve a just balance among the economic, social and environmental needs of present and future generations. While the global community is actively searching for new ways to achieve sustainable development, resolved to perform an economic system reset, determined to a green recovery, why don’t we try to reform the taxing system? A right taxation system could help recover quickly and achieve a green recovery of the global economy.
Featured Image
Photo by NOAA on Unsplash
Why is it important?
While everyone has to pay tax, the truth is that some more prominent companies go to extreme measures to minimise their contribution where they are based and where they sell. The new thinking that this article aims to consider is that instead of taxing the companies for what they produce and sell, we should tally the amount of C02 a company emits in the atmosphere while making the goods and recycling them tax them accordingly.
Perspectives
Sustainable development is not the way, but the only option for the international community to embrace to achieve global economic recovery and sustain the future's challenges. The 17 UN Global Goals (or SDGs) are more than just an aspirational framework for governments. They are a roadmap for business opportunities to transform them into a successful business that can sustain the current and future challenges. A shift to a sustainable model of an economy, with more greener emphasis, could create 24 million new jobs globally by 2030 if the right policies are put in place. Only the goods and services sector can generate over US$ 2.5 trillion in annual income, and this is growing at a rate of over 8% per year. In the ancient Rome Senate, Catalina (or Cataline) was an advocate for the cancellation of debts and land redistribution. Then he went “too far” with his demands of cancelling the tax at all and was accused of leading a plot to overthrow the Roman Senate. According to Cicero, “Quo usque tandem abutere, Catalina, patientia nostra? Quam diu etiam furor iste tuus nos eludet? Quem ad finem sese effrenata iactabit audacia?” The above has the following meaning in English: “When, O Catalina, do you mean to cease abusing our patience? How long is that madness of yours still to mock us? When is there to be an end of that unbridled audacity of yours, swaggering about as it does now?”
Prof Maurizio Bragagni OBE
City University
Read the Original
This page is a summary of: Sustainable development and the need to reform the carbon tax, Journal of Public Affairs, March 2022, Wiley,
DOI: 10.1002/pa.2787.
You can read the full text:
Resources
S3E11: Dr Maurizio Bragagni OBE
Morethanajob podcast in association with ResearchEd have the pleasure to welcome Dr Maurizio Bragagni OBE. Maurizio is the Consul of San Marino to the United Kingdom of Great Britain and Northern Ireland; an advisor to the Department for International Trade, a visiting Professor at the University of Bolton, has the freedom of the City of London and CEO of Tratos UK Ltd. Maurizio can you tell us about your life growing up and also your experience as a student? Maurizio you rose from factory worker to CEO when you moved to the UK, having no English either. What has this journey been like for you and what is the secret to your success? You’re a visiting professor at the University of Bolton and a Senior Visiting Fellow for Bayes Business School. How much respect do you have for the teaching profession as a fellow educator yourself? Have you ever been taught how to teach? Maurizio, you talk openly about your love of learning and the benefits of having a hunger for knowledge and you say ‘Nothing is impossible if you desire.’ Is the basis behind the setting up of esharelife? You backed Matt Hancock’s dyslexia bill. Why did you feel this was an important campaign to support? You have the freedom of the City of London – what does this actually mean for you? What benefits are there? You are the Consul of San Marino to the United Kingdom – can you tell us about this role and what you do?
Title: Sustainable development and the need to reform the carbon tax
Abstract: The current Covid-19 pandemic has raised awareness of the urgency of reforming our economy to achieve a global recovery. This endeavour will require the implementation of various strategies aiming for a system reset, at the core of which is the sustainable recovery model. In 2009 the United Nations General Assembly proclaimed 22 April as International Mother Earth Day. It was a brave act of acknowledgement that the Earth and its ecosystems are our typical home. At the same time, it is a tangible expression of the global conviction that humankind must be in Harmony with Nature to achieve a just balance among the economic, social and environmental needs of present and future generations. While the global community is actively searching for new ways to achieve sustainable development, resolved to perform an economic system reset, determined to a green recovery, why don’t we try to reform the taxing system? A right taxation system could help recover quickly and achieve a green recovery of the global economy. While everyone has to pay tax, the truth is that some more prominent companies go to extreme measures to minimise their contribution where they are based and where they sell. The new thinking that this article aims to consider is that instead of taxing the companies for what they produce and sell, we should tally the amount of C02 a company emits in the atmosphere while making the goods and recycling them tax them accordingly.
Sustainable development and the need to reform the carbon tax
Goal: The current Covid-19 pandemic has raised awareness of the urgency of reforming our economy to achieve a global recovery. This endeavour will require the implementation of various strategies aiming for a system reset, at the core of which is the sustainable recovery model. In 2009 the United Nations General Assembly proclaimed 22 April as International Mother Earth Day. It was a brave act of acknowledgement that the Earth and its ecosystems are our typical home. At the same time, it is a tangible expression of the global conviction that humankind must be in Harmony with Nature to achieve a just balance among the economic, social and environmental needs of present and future generations. While the global community is actively searching for new ways to achieve sustainable development, resolved to perform an economic system reset, determined to a green recovery, why don’t we try to reform the taxing system? A right taxation system could help recover quickly and achieve a green recovery of the global economy.
Sustainable development and the need to reform the carbon tax
While everyone has to pay tax, the truth is that some more prominent companies go to extreme measures to minimise their contribution where they are based and where they sell. The new thinking that this article aims to consider is that instead of taxing the companies.
Contributors
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