November 13, 2009
[efoods]Lord Smith of Finsbury believes that implementing individual carbon allowances for every person will be the most effective way of meeting the targets for cutting greenhouse gas emissions.
It would involve people being issued with a unique number which they would hand over when purchasing products that contribute to their carbon footprint, such as fuel, airline tickets and electricity.
Like with a bank account, a statement would be sent out each month to help people keep track of what they are using.
If their “carbon account” hits zero, they would have to pay to get more credits.