2. 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
19. 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
23. 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
24. 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
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26. Carbon credits could be saved … by switching to these… by not doing so much of this… by doing more of this… policy experiment
27. 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
