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 Pre...
www.the  .org/ carbon Matt Prescott, project director
<ul><li>This 3 year project, Jan 06 to Dec 08, is exploring the idea for a system of personal carbon trading.  </li></ul><...
<ul><li>A policy option for engaging citizens in reducing carbon emissions </li></ul><ul><li>Applies the concept of a ‘cap...
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 yo...
Why does the RSA find the idea interesting?  <ul><li>When compared to tax or upstream trading: </li></ul><ul><li>Tangible ...
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 mo...
What basic design of personal carbon trading will both (i) address the core principles (ii) be practical in terms of deliv...
 
Carbon credits could be saved … by switching to these… by not doing so much of this… by doing more of this… policy experim...
Trading creates an incentive for participants  The lower your footprint, the more carbon credit you can sell, which could ...
www.the  .org/ carbon
Presentation Tuesday 2 June 2009   Road Pricing & Personal Carbon Emissions Trading Matt Prescott RSA Carbon London Nya Mu...
Vision <ul><li>To regulate urban road usage by pay-per-drive  </li></ul><ul><li>To reduce personal vehicle carbon emission...
Goals <ul><li>Accurate carbon emission measurements </li></ul><ul><li>People awarded carbon credits which they can trade o...
 
Modus  Operandi <ul><li>Track  and play vehicle journeys  </li></ul><ul><li>Monitor/calculate personal carbon emissions  <...
 
Can Do   <ul><li>Complete road pricing architecture </li></ul><ul><li>Device/network prototype (with QA/testing) </li></ul...
Global Benefits <ul><li>  </li></ul><ul><li>High-profile public lead in carbon emission reduction </li></ul><ul><li>Global...
Legend                                                                               Traffic Count Map
Local Benefits   <ul><li>Real carbon emission measurements for vehicle usage </li></ul><ul><li>Personal carbon credit acco...
 
Partnership Anyone? <ul><li>Help to adopt carbon emission vehicle tracking </li></ul><ul><li>Promote global liaison across...
Business Partners Corporate Customers Bearer services GPS/Galileo  satellites End-Users Data Centre RSA Carbon Trac-Car Pr...
Presentation Tuesday 2 June 2009   Road Pricing & Personal Carbon Emissions Trading Contact Details   Matt Prescott RSA Ca...
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Trac Car And Rsa Carbon

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  • Trac Car And Rsa Carbon

    1. 1. Personal Carbon Trading and Road Pricing Illustration: David Rowe
    2. 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
    3. 3. www.the .org/ carbon Matt Prescott, project director
    4. 4. <ul><li>This 3 year project, Jan 06 to Dec 08, is exploring the idea for a system of personal carbon trading. </li></ul><ul><li>To do this, it is: </li></ul><ul><ul><li>Building support for the principle of an equal allocation of emissions rights </li></ul></ul><ul><ul><li>R esearching and developing the design of a personal carbon trading scheme </li></ul></ul><ul><ul><li>Catalysing group activities and implementing voluntary carbon trading networks </li></ul></ul>Carbon Limited
    5. 5. <ul><li>A policy option for engaging citizens in reducing carbon emissions </li></ul><ul><li>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 </li></ul><ul><li>Utilises emissions trading principles to create a financial incentive for individuals to reduce their carbon footprint </li></ul><ul><li>It could be deployed in tandem with upstream trading and other policy interventions </li></ul>What is personal carbon trading?
    6. 6. Problem There’s a limit The sky’s the limit ?
    7. 7. Solutions Familiar
    8. 8. Solutions gathering pace
    9. 9. The right consumer choice made easy
    10. 10. But w hat’s the point?
    11. 11. “ It’s hard to make a difference with a few light bulbs…” RSA fellow survey October 2006 What is the problem?
    12. 12. Our contribution Increasing
    13. 13. Getting it wrong Tempting
    14. 14. Being normal
    15. 15. It often pays to consume more
    16. 16. Get for polluting less
    17. 17. Climate aware with every swipe
    18. 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
    19. 20. Why does the RSA find the idea interesting? <ul><li>When compared to tax or upstream trading: </li></ul><ul><li>Tangible </li></ul><ul><li>Educational </li></ul><ul><li>Empowering </li></ul><ul><li>Equitable </li></ul><ul><li>Progressive </li></ul>
    20. 21. Allows for personal choices on how to spend personal carbon emissions
    21. 22. Encourages a decarbonised supply chain
    22. 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
    23. 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
    24. 26. Carbon credits could be saved … by switching to these… by not doing so much of this… by doing more of this… policy experiment
    25. 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
    26. 28. www.the .org/ carbon
    27. 29. Presentation Tuesday 2 June 2009 Road Pricing & Personal Carbon Emissions Trading Matt Prescott RSA Carbon London Nya Murray Trac-Car London
    28. 30. Vision <ul><li>To regulate urban road usage by pay-per-drive </li></ul><ul><li>To reduce personal vehicle carbon emissions </li></ul><ul><li>To enable people to deal on global carbon trading markets </li></ul><ul><li>To improve quality of environment </li></ul>Presentation Tuesday 2 June 2009 Road Pricing & Personal Carbon Emissions Trading
    29. 31. Goals <ul><li>Accurate carbon emission measurements </li></ul><ul><li>People awarded carbon credits which they can trade or sell </li></ul><ul><li>Incentives for lower carbon emissions from vehicles </li></ul><ul><li>The road is once more pleasure, not pain </li></ul>Presentation Tuesday 2 June 2009 Road Pricing & Personal Carbon Emissions Trading
    30. 33. Modus Operandi <ul><li>Track and play vehicle journeys </li></ul><ul><li>Monitor/calculate personal carbon emissions </li></ul><ul><li>Administer carbon credits </li></ul><ul><li>Send traffic information/alerts in real-time </li></ul><ul><li>Change charging zone boundary at will </li></ul>Presentation Tuesday 2 June 2009 Road Pricing & Personal Carbon Emissions Trading
    31. 35. Can Do <ul><li>Complete road pricing architecture </li></ul><ul><li>Device/network prototype (with QA/testing) </li></ul><ul><li>Pilot: manageable vehicle sample London </li></ul><ul><li>Phased deployment with early Return-On-Investment </li></ul>Presentation Tuesday 2 June 2009 Road Pricing & Personal Carbon Emissions Trading
    32. 36. Global Benefits <ul><li> </li></ul><ul><li>High-profile public lead in carbon emission reduction </li></ul><ul><li>Global carbon trading market participation </li></ul><ul><li>Real-time traffic information based on real data </li></ul><ul><li>Community pays model for carbon vehicle emissions </li></ul><ul><li>Discount incentive for low carbon-emitting vehicles </li></ul>Presentation Tuesday 2 June 2009 Road Pricing & Personal Carbon Emissions Trading
    33. 37. Legend                                                                               Traffic Count Map
    34. 38. Local Benefits <ul><li>Real carbon emission measurements for vehicle usage </li></ul><ul><li>Personal carbon credit accounts </li></ul><ul><li>Web journey replays </li></ul><ul><li>Partner access to SatNav and Location Based Information </li></ul><ul><li>Participation in environmentally-positive initiative </li></ul>Presentation Tuesday 2 June 2009 Road Pricing & Personal Carbon Emissions Trading
    35. 40. Partnership Anyone? <ul><li>Help to adopt carbon emission vehicle tracking </li></ul><ul><li>Promote global liaison across relevant authorities </li></ul><ul><li>Engage in-vehicle device trials for carbon measurements </li></ul><ul><li>Help engage in public information campaigns </li></ul>Presentation Tuesday 2 June 2009 Road Pricing & Personal Carbon Emissions Trading
    36. 41. 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
    37. 42. 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

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