The evolution of climate action has reflected the need for affordable options. Universal basic income (UBI) has the unique opportunity to empower everyone to change the world. The warming environment necessitates rapid development and deployment of climate innovations. UBI can provide the accessibility that is crucial to the widespread adoption of solutions like solar panels, energy-saving appliances, and electric vehicles (EVs). This article will explain how UBI and climate change intertwine to create the perfect catalyst for environmental responsibility.
Basic Income and Climate Change
UBI advocates recognize the positive impact that policy changes like this can have on the environment. Basic income is an underutilized concept that outlines how the government would provide all citizens with a base-level income monthly or annually. Ideally, this would be unconditional and exist regardless of socioeconomic status. The intersection of basic income and climate change mitigation lies in the opportunities UBI can create to reshape consumer behavior, foster innovation, and provide a safety net for those most vulnerable to the impacts of environmental shifts.
Ensuring a basic income for all citizens can create a foundation that enables them to make sustainable choices without the constraints of financial insecurity. Financial stability can drive a shift toward eco-friendly practices, encourage investments in clean technologies, and empower communities to actively participate in the transition to a low-carbon or carbon-neutral economy. Moreover, basic income serves as a buffer against the inevitable career impacts that will stem from technological and environmental changes. Offering the chance to save money and seek employment in environmentally sustainable careers offers society a more resilient and sustainable future.
Incentives To Invest in Sustainable Tech
With a guaranteed income, people are not only granted financial stability but are also better positioned to engage in environmentally conscious choices. If entire paychecks aren’t being sunk into costs of living, people are more likely to use excess cash flow to take advantage of sustainable tech investments. There are federal and state tax incentives specifically designed to promote sustainable technology investment in solar panels, EVs, and the like. Some include:
Business tax benefits;
Federal solar tax credits;
Low-interest loans;
State tax credits;
Utility rebates.
With the financial stability of UBI, low-interest loans could become easier to obtain. This can facilitate the adoption of climate-friendly solutions that have upfront costs that many couldn’t otherwise afford. This financial empowerment enables a broader segment of the population to actively participate in the green revolution.
Return on Investment
There are plenty of climate tech solutions that offer a return on investment, whether that’s through tax incentives or decreased utility costs. Heat pumps, for instance, are valuable investments that provide an energy-efficient alternative to traditional HVAC systems. Some of the perks of installing heat pumps instead of furnaces or air conditioners include:
Less electric use;
No smoke or fumes;
Compact sizing;
No fossil fuel use;
Filtered air;
Increased home value.
With the economic flexibility provided by UBI, people can purchase heat pumps that not only reduce their carbon footprint but also provide individualized, long-term savings. Lowered utility bills and higher ROI when selling homes are just two examples.
Ability To Reskill for Green Careers
Long-term financial stability often involves safeguarding your career for the future. Offering UBI can give people the flexibility to participate in continued education. The demand for jobs in many industries is going down as the climate is changing, literally and figuratively. The shift to more eco-conscious careers is palpable. As the job market evolves toward sustainability, UBI empowers people to pursue education and training in fields such as social purpose, renewable energy, environmental science, or sustainable agriculture.
Some of the careers in these fields are inherently entirely new. Upskilling or reskilling can give job seekers the edge they need to secure a long-term career in less volatile sectors like clean energy. With the assurance of a basic income, they can gain the freedom to seek further education and unlock opportunities to transition into these green careers. The financial stability UBI provides offers a safety net during the learning process, mitigating the risks typically associated with career changes.
Room for Investments in Decarbonization
UBI also affords people a newfound capacity to invest in companies dedicated to climate tech solutions. This democratizes climate action, breaking down financial barriers and enabling a broader segment of the population to become stakeholders.
By investing in these forward-thinking companies, people not only align their portfolios with sustainable values but also become integral participants in driving the transition toward a low-carbon future. This diversifies the pool of sustainable investors but also creates a more inclusive and impactful approach to decarbonization, fostering a collective commitment to building a greener and more resilient global economy.
Looking to the Future
With climate change comes the threat of extreme weather events and, ultimately, mass extinction. UBI could be the answer by allowing the widespread adoption of climate action. It’s not that people generally don’t want to get involved in saving the environment. If they are educated on decarbonization efforts and the incentives to participate, UBI can be the driving force to get them involved.
“For this session, we will be in discussion with Vibhor Mathur. Vibhor is a Doctoral Researcher at the University of Bath and is a UK and Research Associate at University of Cardiff, UK.
Vibhor studies the transformative potential of basic income through pilots and advocacy in South Asia and Europe. His doctoral research on the the WorkFREE project in Hyderabad, India, focuses on the role basic income can play in the fight for dignity, freedom and decent work.”
To read more and/or register to participate, click here.
My main perspective is an argument with four premises:
1. It’s wrong for anyone to come between anyone else and the resources they need to survive in almost all circumstances.
2. Freedom is the power to say no.
3. A private property economy (or a socialist economy) without basic income interferes with people as they try to use resources to survive.
4. By doing 3, economic rules take people’s freedom away.
5. (Conclusion): private property or socialist economies require a basic income large enough to meet people’s basic needs.
I’ve written a lot justifying each of these premises, explaining & exploring what they mean, justifying the connection between these premises and the conclusion, replying to potential objections, making addition arguments for basic income, and exploring other conclusions that follow from my basic moral perspective, but–near as I can tell–this is the heart of my political theory.
The UBI Piloters Network brings together researchers, policymakers, activists, and civil society actors interested or engaged in trialling Unconditional Basic Income (UBI). The space is convened by the University of Bath, the University of Freiburg’s Institute for Basic Income Studies, and the Basic Income Earth Network. We aim to create connection across the UBI piloting field, to build new collaborations, share key learnings, and establish best practice. Sign up to our newsletter here and read on to learn more.
Research, policy, and activist interest in UBI has exploded in recent years, and this has led to a huge rise in the number of global UBI pilots. Yet for all this amazing growth, until now, no global platform has existed for sharing UBI pilot findings, creating community across the piloting field, or supporting researchers to engage effectively with policymaker audiences. The UBI Piloters Network aims to remedy these issues by building and curating the world’s first global network of UBI piloters, taking inspiration from the work of the Basic Income Earth Network and US UBI Community of Practice.
Launched in Summer 2023, The UBI Piloters Network curates a monthly newsletter that brings together updates from across the piloting community, featuring updates on recent research, policy developments, potential gatherings, publications, and opportunities for collaboration.
The Network also hosts an online seminar series for piloters to share recent findings and discuss emerging developments. It will host a hybrid Winter School on ‘How To Build A Pilot’, and convene the world’s first ever conference of UBI piloters – hosted in Germany in Summer 2024.
If you have ideas for how to expand this work and make it more relevant to you and the UBI piloting community, please do get in touch! We want this to work for the community it aims to serve.
Please also share the Network with piloters far and wide!
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Our Partners
The UBI Piloters Network is a collaboration between the University of Bath (in particular the UBI piloting WorkFREE research team), the Freiburg Institute of Basic Income Studies (FRIBIS – especially the UBI Experiments Team), and the Basic Income Earth Network (BIEN). Seed funding has come from Bath, FRIBIS, and the European Research Council.
The University of Bath is a leading centre of UBI research in the UK and is in the process of building a UK UBI Beacon to nurture the next generation of UBI scholars, activists, and engaged policymakers. At Bath, WorkFREE brings together scholars, activists and civil society institutions from India and the UK to pilot ‘UBI+’ in four informal settlements in inner-city Hyderabad, India. UBI+ combines universal basic income (UBI) and needs-focused, participatory community organising in order to support people to increase their power to meet their needs. The two-year pilot seeks to answer a wide range of questions, including ‘What impact does UBI+ have on people’s freedom from exploitation?’ and ‘Can UBI+ support the green transition?’.
FRIBIS is an interdisciplinary network at the University of Freiburg dedicated to research on Universal Basic Income. By bringing together researchers and civil society actors from all over the world, we aim to provide a sound, well-researched foundation for the public and political discourse on Basic Income. In this way, it wants to contribute to transformation towards a more just and sustainable society.
BIEN is a global network of UBI activists and researchers. Drawing on its unique Basic Income expertise built over decades of work, BIEN strives to be a globally trusted, go-to source of information and analysis around Basic Income. BIEN builds connective tissue between people and institutions working on Basic Income, be these activists, campaigners, researchers, governments or civil society organisations. And BIEN aims to catalyse local and global debate and work to push the boundaries of what is possible, all in the direction of a more just, caring society.
The ERC is a major Europe Union research funding agency at the heart of research and innovation across the continent.
Share Your Stories and Contact Us
If you have UBI Piloting New to share, other relevant material to go out in the Newsletter, ideas you want to run buy us, or plans to pitch, please get in touch with us here: piloters@basicincome.org
“This panel invites contributors to elaborate discussions concerning the Basic Income theory and its connection with problematics in the fields of Ethics, Politics, Sociology, and Economics. There are central issues for this panel, which aim for multidisciplinary debates that should stimulate UBI studies in various disciplines.
Therefore, questions that play a key role in this discussion are the following:
How can a UBI project tell us more about the potential environmental impacts, and the rise of inequality, unemployment, and poverty around the world?
Which social policies should be proposed in coordination with the UBI aiming for higher welfare levels and environmental stability?
What are the ex-post consequences of a UBI policy, either in the short, medium or long-term perspectives? How would it affect educational, health, and political spectra, and how does it influence individual freedom?
How does one build political and economic conditions for a UBI policy to be approved and how do long-lasting projects impact governmental spending regarding public services?
Would a Basic Income project be beneficial to Portugal when faced with the Portuguese socio-economic structure and challenges?”
For details on the panel and its call for papers, click here.
