Programs 2022: all the way to the bottom
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Every day until the presidential election, “Liberation” dissects the candidates’ proposals. Today, a measure that appears in the program of LFI, PS and EE-LV: establish a climate ISF for large portfolios that finance activities with high CO2 emissions.
What if we overtaxed particularly polluting fortunes? Several candidates want to resuscitate the wealth tax (ISF), abolished by Emmanuel Macron in 2018, to put it at the service of the climate. The richest are unsurprisingly those who emit the most greenhouse gases, both through their lifestyle but also through their financial investments (savings, shares, investments in real estate, etc.). The money they entrust to the banks can be used to finance projects harmful to the environment, particularly in fossil fuels. Greenpeace and the firm Carbone 4 have calculated that the financial wealth of the richest 1% of households is associated with a carbon footprint 66 times greater than that of the poorest 10%. It would therefore be a matter of forcing wealthy people to pay their climate bill and encouraging them to no longer invest in polluting sectors.
With the presidential campaign, the idea is making a comeback. Three candidates, namely Yannick Jadot (Europe Ecology-the Greens), Anne Hidalgo (Socialist Party) and Jean-Luc Mélenchon (La France insoumise), plan in their program to establish a climate ISF, each with its small specificities. They rely on a proposal from Greenpeace, which wrote a …