#capandauction — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #capandauction, aggregated by home.social.
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How to Rapidly Reduce #FossilFuel Use
Hint: #rationing is a better approach than markets."The plan the #UK almost adopted more than a decade ago—Tradable Energy Quotas or TEQs—would make the economy exist within a #CarbonBudget, rather than the other way around.”
Back in 2010, the TEQs system was deemed “ahead of its time.”
#CapAndTrade #CapAndAuction
https://fpif.org/how-to-rapidly-reduce-fossil-fuel-use/ -
Capping #carbon #emissions at the well or fracking rig makes more sense as there are far fewer of those than of smoke stacks and tailpipes.
Paying out to individuals is a very American proposal, but some things need to be done collectively, e,g. putting money in individuals' hands will not build a public transit system.
#CapAndTrade #CapAndRation #CapAndAuction
https://www.resilience.org/stories/2022-03-15/the-best-climate-policy-youve-probably-never-heard-of/