Personal Carbon credits on the cards?
The Environmental Audit Committee has suggested that a personal carbon credit scheme would be more effective than a taxation scheme to reduce carbon emissions. The scheme, under which people would be given an annual carbon limit for fuel and energy use - which they could exceed by buying credits from those who use less, is similar in principle to the Kyoto Protocol where by countries can trade carbon credits. Committee chairman Tim Yeo said it found that personal carbon trading had "real potential to engage the population in the fight against climate change and to achieve significant emissions reductions in ...