Trac Car And Rsa Carbon

Personal Carbon Trading and Road Pricing Illustration: David Rowe

Tuesday 2 June 2009 Road Pricing & Personal Carbon Emissions Trading Personal Carbon Trading and Road Pricing Matt Prescott RSA Carbon London Nya Murray Trac-Car London London, April 2008

www.the .org/ carbon Matt Prescott, project director

This 3 year project, Jan 06 to Dec 08, is exploring the idea for a system of personal carbon trading.
To do this, it is:
Building support for the principle of an equal allocation of emissions rights
R esearching and developing the design of a personal carbon trading scheme
Catalysing group activities and implementing voluntary carbon trading networks
Carbon Limited

A policy option for engaging citizens in reducing carbon emissions
Applies the concept of a ‘cap and trade’ emissions trading to the level of the individual, creating an effective limit to the total volume of personal emissions permitted
Utilises emissions trading principles to create a financial incentive for individuals to reduce their carbon footprint
It could be deployed in tandem with upstream trading and other policy interventions
What is personal carbon trading?

Problem There’s a limit The sky’s the limit ?

Solutions Familiar

Solutions gathering pace

The right consumer choice made easy

But w hat’s the point?

“ It’s hard to make a difference with a few light bulbs…” RSA fellow survey October 2006 What is the problem?

Our contribution Increasing

Getting it wrong Tempting

Being normal

It often pays to consume more

Get for polluting less

Climate aware with every swipe

Where does citizen responsibility end? Personal carbon trading Other policy interventions Direct use of energy Heating your home Lighting your home Private vehicle use Air travel? Indirect use of energy Public transport journeys? Food Clothing Consumer goods

Why does the RSA find the idea interesting?
When compared to tax or upstream trading:
Tangible
Educational
Empowering
Equitable
Progressive

Allows for personal choices on how to spend personal carbon emissions

Encourages a decarbonised supply chain

Local climate and energy solutions popular Many see the value in trading within communities of interest Energy Services model could apply Potential for fuel security improvements Local and community cohesiveness and creativity

What basic design of personal carbon trading will both (i) address the core principles (ii) be practical in terms of delivery and acceptability? How could a scheme design overcome equity, privacy and other social impact concerns? How could it be advantageous in these respects? What would be its likely fit into the current and planned mix of policy instruments and how would it compare in efficiency terms? How would a basic scheme be received and understood by the public and how should the debate be presented and scheme communicated? What practical steps are needed to take forward the idea and what does a realistic timeline look like for different stages of implementation? Which sectors are the main delivery stakeholders? Headline questions

Carbon credits could be saved … by switching to these… by not doing so much of this… by doing more of this… policy experiment

Trading creates an incentive for participants The lower your footprint, the more carbon credit you can sell, which could mean: 1 being paid for your efforts to cut emissions, or participation in a virtual policy experiment 2 gaining more voting rights to secure funds for projects you want to support 3 receiving annual leave, entry into prize competitions or other incentives policy experiment

www.the .org/ carbon

Presentation Tuesday 2 June 2009 Road Pricing & Personal Carbon Emissions Trading Matt Prescott RSA Carbon London Nya Murray Trac-Car London

Vision
To regulate urban road usage by pay-per-drive
To reduce personal vehicle carbon emissions
To enable people to deal on global carbon trading markets
To improve quality of environment
Presentation Tuesday 2 June 2009 Road Pricing & Personal Carbon Emissions Trading

Goals
Accurate carbon emission measurements
People awarded carbon credits which they can trade or sell
Incentives for lower carbon emissions from vehicles
The road is once more pleasure, not pain

Modus Operandi
Track and play vehicle journeys
Monitor/calculate personal carbon emissions
Administer carbon credits
Send traffic information/alerts in real-time
Change charging zone boundary at will

Can Do
Complete road pricing architecture
Device/network prototype (with QA/testing)
Pilot: manageable vehicle sample London
Phased deployment with early Return-On-Investment

Global Benefits

High-profile public lead in carbon emission reduction
Global carbon trading market participation
Real-time traffic information based on real data
Community pays model for carbon vehicle emissions
Discount incentive for low carbon-emitting vehicles

Legend Traffic Count Map

Local Benefits
Real carbon emission measurements for vehicle usage
Personal carbon credit accounts
Web journey replays
Partner access to SatNav and Location Based Information
Participation in environmentally-positive initiative

Partnership Anyone?
Help to adopt carbon emission vehicle tracking
Promote global liaison across relevant authorities
Engage in-vehicle device trials for carbon measurements
Help engage in public information campaigns

Business Partners Corporate Customers Bearer services GPS/Galileo satellites End-Users Data Centre RSA Carbon Trac-Car Presentation Tuesday 2 June 2009 Road Pricing & Personal Carbon Emissions Trading

Presentation Tuesday 2 June 2009 Road Pricing & Personal Carbon Emissions Trading Contact Details Matt Prescott RSA Carbon London www.rsacarbonlimited.org Email: [email_address] Phone: +44 (0)20 7451 6935 Nya Murray Trac-Car London www.trac-car.com Email: [email_address] Phone: +44 (0)20 8133 9249

Trac Car And Rsa Carbon

by Nya on Apr 27, 2008

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