Personal
Carbon Trading
Personal
Carbon Trading refers to proposed emissions trading schemes in the
UK under which emissions credits are allocated to individuals on
a (broadly) equal basis, within national carbon budgets.
Individuals
can then surrender these carbon credits upon the purchase of, for
example, electricity, gas or transport fuel. Those who need or want
to emit more than their allowance would have to buy allowances from
those who emit less.
Personal
carbon trading is sometimes confused with carbon
offsetting due to the similar notion of paying for emissions
allowances, but is a quite different concept designed to be mandatory
and to guarantee that nations achieve their domestic carbon
emissions targets (rather
than.
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us on our new trading
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