Isnt Personal Carbon Trading (PCAs or TEQs) a better way forward?
A variety of approaches to capping carbon have been proposed, and the important thing is to start capping carbon SERIOUSLY, and to get going SOON – the choice of which method we use is less important, as long as it does the job. Having said that, some schemes are quicker and simpler to implement than others, and we feel that C&S scores over PCAs/TEQs in this regard. Another advantage of C&S over PCT, however, is that C&S covers ALL emissions – not just personal direct emissions (our petrol, gas etc) but also Indirect emissions (embedded in the goods and services we buy). PCT leaves these indirect emissions (some 60% of the total) to be covered by a separate emissions trading scheme. So C&S is 100% fair, as opposed to PCT which may be only 40% fair (depending on what happens to the revenue from the emissions trading scheme).