Taxing the rich is not effective
Tax it all to solve it all, and have the government build clean power plants and produce cheap batteries, which could undercut fossil fuels?
A Few Details
High tax rates on high incomes have been tried in the past, and it did push the economy in a downward spiral with more bureaucratic government spending than savvy private investing. Lesson learned: tax rates have an upper limit!
We can’t go green while sacrificing the economy. We need a strong economy to fund defense, education or compensation budgets promised to developing countries at the COP21.