Personal carbon trading: Notional concept or workable proposition? Exploring theoretical, ideological and practical underpinnings

Seyfang, Gill ORCID: https://orcid.org/0000-0003-4696-0798, Lorenzoni, Irene and Nye, Mike (2007) Personal carbon trading: Notional concept or workable proposition? Exploring theoretical, ideological and practical underpinnings. pp. 1-31.

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Abstract

To effectively mitigate climate change in the long-term, limiting carbon dioxide emissions at the individual level has been proposed. Known as personal carbon allowances, these would be decreased year-on-year. Trading in personal carbon allowances would be encouraged, as a means to effectively and equitably reduce emissions overall. This conceptual paper aims to critically examine personal carbon trading (PCT) by questioning the assumptions underlying this proposal and identifying the gaps in current thinking. The paper first discusses the origin and development of the PCT idea, identifies key players and proponents of the proposal, and examines its economic basis as a market instrument. Drawing on lessons from several related areas of experience (the EU Emissions Trading System, voluntary Carbon Rationing Action Groups, and Complementary Currencies), these are used to examine likely success factors and inform future policy and implementation of PCT. A set of four critical issues are identified, which straddle political, social, economic, environmental, cultural and ethical domains, and which demand greater attention before the PCT idea can be progressed.

Item Type: Article
Faculty \ School: Faculty of Science > School of Environmental Sciences
University of East Anglia Research Groups/Centres > Theme - ClimateUEA
UEA Research Groups: Faculty of Science > Research Groups > Science, Society and Sustainability
Faculty of Science > Research Groups > Environmental Social Sciences
Faculty of Science > Research Groups > Marine Knowledge Exchange Network
Faculty of Science > Research Groups > Collaborative Centre for Sustainable Use of the Seas
University of East Anglia Schools > Faculty of Science > Tyndall Centre for Climate Change Research
Faculty of Science > Research Centres > Tyndall Centre for Climate Change Research
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Depositing User: Rosie Cullington
Date Deposited: 27 Feb 2011 11:41
Last Modified: 19 Dec 2023 05:15
URI: https://ueaeprints.uea.ac.uk/id/eprint/25001
DOI:

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