TITLE

MPs back personal carbon trading

PUB. DATE
May 2008
SOURCE
Utility Week;5/30/2008, Vol. 29 Issue 6, p33
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the British Parliament has urged ministers not to wind down work on personal carbon trading (PCT) after publishing a report which concluded that such a system could be more effective in reducing household carbon emissions than green taxes. Under a PCT scheme, individuals would be allocated a carbon allowance--in the form of credits--within a national cap. Individuals would surrender credits as they made purchases that resulted in emissions, such as electricity and vehicle fuel.
ACCESSION #
33041856

 

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