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TEQs vs specific scheme for individuals only

 
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Martin O'Brien



Joined: 26 Sep 2007
Posts: 1

PostPosted: Thu Sep 27, 2007 8:44 pm    Post subject: TEQs vs specific scheme for individuals only Reply with quote

Some people believe that a scheme for individuals only would be preferable to a scheme covering the whole economy like TEQs does (indiviuals + organisations).
The RSA proposes that if adopted, a Personal Carbon Trading scheme should cover only individuals so as not to overlap with other carbon trading schemes like the EU ETS.

Others, like Tina Fawcett from the UK Energy Research Centre (and Mayer Hillman also I think), propose that 2 new seperate schemes be created : one Personal Carbon Allowance (which would work like the part of TEQs for individuals and would be implemented first) and a national upstream cap and trading scheme for the remainder of the economy (Cap on fossil fuel users, producer and transporters, that would be created later on).
The reasons put forward by Tina Fawcett for having two schemes are (found on a .ppt that I can?t relocate on Internet):
? - Transparency & simplicity
- Different systems can respond to varied imperatives for individuals and organisations
- To ensure greater lobbying power of industry does not result in individuals having to reduce emissions faster
- Can be introduced sooner than integrated system ?

Which scheme is the most appropriate to the situation we?re in ?
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biffvernon



Joined: 24 Nov 2005
Posts: 18541
Location: Lincolnshire

PostPosted: Thu Sep 27, 2007 9:49 pm    Post subject: Reply with quote

There is no clear distinction between an individual and an organization.
What is a sole trader?
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Adam1



Joined: 01 Sep 2006
Posts: 2707

PostPosted: Thu Sep 27, 2007 11:27 pm    Post subject: Reply with quote

Two reasons for having a single system for all (companies and individuals):

1) it helps foster "Common Purpose" - without common purpose, we will not succeed in managing our energy descent. The post peak period will be at least as challenging as WW2. Just imagine if had been less united in purpose during the second world war. We needed common purpose then and we will need it in the future.

2) it is administratively simpler and easier for people to understand. Having two separate systems would be like having one currency for retail sales and another for business to business sales.
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