A rough guide to individual carbon trading - the ideas, the issues and the next steps

This briefing describes the different types of individual carbon trading schemes that have been proposed: Tradable Energy Quotas (TEQs); Domestic Tradable Quotas (DTQs) and Personal Carbon Rations or Allowances (PCAs). Some of the differences and 'disputes' between them are discussed. The technical, economic, social and political issues arising from the schemes are examined in order to identify gaps in knowledge. This is compared with other approaches to carbon trading (voluntary schemes, upstream trading and offsetting). The ways in which an individual carbon trading might interact with other anticipated policy instruments, e.g. the EU emission trading scheme, are considered. A road map for a UK system of individual carbon trading was drawn up to identify the issues that need to be addressed in further studies.

• Authors:
  • ROBERTS, S
  • THUMIM, J
• Publication Date: 2006-11

Language

• English

Media Info

• Pagination: 41p

Subject/Index Terms

• TRT Terms: Air quality management; Carbon dioxide; Federal government; Policy; Pollutants
• Geographic Terms: United Kingdom
• ITRD Terms: 7393: Carbon dioxide; 2442: Emission; 2433: Emission control; 183: Government (national); 173: Policy; 8119: United Kingdom
• Subject Areas: Energy; Environment; Policy; I10: Economics and Administration; I15: Environment;

Filing Info

• Accession Number: 01076337
• Record Type: Publication
• Source Agency: Transport Research Laboratory
• Files: ITRD
• Created Date: Sep 18 2007 10:56AM