A 'cap and dividend' proposal described by Peter Barnes, a founder of Working Assets, (Paying the Cost of Climate Control) seems to have similarities to Oliver Tickell's Kyoto2 and SuperKyoto. But it envisages a U.S. only frame rather than a global one.
P.S. 6 Jan: As Grist reports it, Obama puts the 100 percent auction idea into the mainstream.
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A parallel and identical in principle policy and campaign exists in the UK and Ireland called "cap-and-share". It has been worked up as a policy that is scalable to the global level by the think tank Feasta. See http://www.feasta.org .
In Ireland it is the subject of serious study for a government policy to control non-EUETS emissions.
In the UK it could be the mechanism to ensure any cuts agreed under the Climate Change Bill.
More details and video / MP3 of Peter Barnes talking in UK recently at http://www.capandshare.org .
This seems to me the only approach that would ensure a high carbon price with popular support that would not crucify the poor. Remember it will have to last many decades.
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