Personal emission rights?
How far could the market with carbon dioxide emissions be developed? Gordon Brown has his view that UK could become the centre of a global market for greenhouse gases emissions. He talks about a market built in the same way as the European system for carbon dioxide market. With such a system the emission rights would be divided equal between the inhabitants. Each time you travel by plane or fuel the car a part of your emission rights are withdrawn from your emission account. If the rights end you have to by from other people that have some left. I wonder what level of emission rights that shall be distributed to each person? And how shall we control how companies and firms will be used for private purpose? But still, such a system is a fascinating concept. As always, there's just a few questionmarks …..