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19th November 2008
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Personal Carbon Schemes in the Uk?

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Chris Innis, www.reuters.com

 

 


The Environmental Audit Committee in the UK is suggesting that if the UK is to meet a 60 carbon reduction target by 2050 that it should

The government (UK) has said that it has researched the concept (personal carbon allowances) and concluded that they were too complicated and would be too expensive implement.

consider personal carbon allowances and a carbon trading scheme similar to the one proposed for business would be put in place. The idea would replace green taxes.

The government has said that it has researched the concept and concluded that it was too complicated and would be expensive to implement.

The Environmental Audit Committee suggested that more was needed to bring about behavioural change and that an extension of carbon allowances to individuals might do this.

Hilary Benn, the minister responsible, said the cost of introducing personal carbon trading would be between 700 million pounds ($1.4 billion) and 2 billion pounds.

 

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