“Domestic Tradable Quotas” are a new idea being pondered in Europe to bring the general public into the emissions reduction and trading game. Imaging having a personal allowance of X tons of carbon. Then every time you buy something, that item’s carbon footprint is deducted from your account. If you end up with a negative account at the end of the year, you’ll have to pay a fee. If it’s positive, you can cash it in, like a sort of “Carbon Reward Card”. The collective allowance would be capped, and reduced annually, thus lowering climate impact. It might be quite expensive to implement. Would it work? Check this BBC article for more!
« Back to Home Page
Sign up for the 3p daily dispatch:
Would You Like to Charge your Carbon Impact?
Fireside Chat: Live
Where we’re going
- Advisory: U.S. Chamber Foundation and United Nations to Celebrate International Women’s Day in New York City
- The Path Forward for Solving Complex Social Problems: Multi-Sector Collaborations
- Next Week: Twitter Chat on Women in Corporate Leadership
- Green Electronics Council Catalyst Awards: Now Accepting Nominations
- Definitive Directory for Social Investment – InvestWithValues.com
- New “Social Good Guides” Help Entrepreneurs Make the World a Better Place