Climate change will be expensive. Who should pay?
Source: https://www.politico.com/news/2022/02/09/climate-change-expensive-who-should-pay-00005198
Author: Lorraine Wollert
Global efforts to combat climate change will require trillions of dollars, and a lot of people want companies to bear the cost. A POLITICO Morning Consult Global Sustainability Poll asked people in 13 countries who should pay - governments, taxpayers, consumers, other countries, or the private sector. In every country but one - India - respondents singled out companies. That finding dovetails with an anyone-but-us sentiment reflected in the poll. Respondents in every country surveyed were united against increasing costs to taxpayers or consumers. In the U.S., 15 percent of adults said climate change costs should be borne by consumers through higher prices. Eighteen percent said taxpayers should pay a lot of the cost.