Climate Confident
Tackling Climate Crisis: Do Personal Carbon Allowances Hold the Key?
Oct 25, 2023
"Climate Confident" podcast discusses personal carbon allowances with Prof Denise Baden from Southampton University and Prof Tina Fawcett from Oxford University. They explore the role of carbon allowances in fighting climate change, incentivizing low carbon choices, and the potential benefits and hurdles of implementing such a system. They also discuss historical parallels with the EU ETS scheme and the struggle with vested interests. This scheme could guide us towards net-zero and retire once achieved.
46:28
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Persistence in implementing personal carbon allowances can result in tangible benefits similar to the EU ETS scheme.
- Personal carbon allowances, if successful, can guide us towards net-zero and then retire once we achieve it, although high-carbon lifestyle enthusiasts may resist the change.
Deep dives
Personal Carbon Allowances: A Fair and Engaging Solution for Emission Reductions
Personal carbon allowances aim to engage individuals in reducing national and global carbon emissions within a fair framework. Under this system, each person would receive an equal share of carbon emissions based on household energy use, transport energy use, and consumption. When purchasing products or services that involve carbon, individuals would pay with carbon points or units, and any unused allowances could be sold. This system promotes fairness and collective responsibility while providing incentives for low-carbon choices. Implementing personal carbon allowances could steer investment towards sustainable products, transform societies, and drive positive behavioral change.
