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Monday, November 09, 2009

Carbon Ration Account For All Proposed by Environment Agency

Everyone should be given an annual carbon ration and face financial penalties if they exceed it, under a proposal by the Environment Agency.

Lord Smith of Finsbury, the agency’s chairman, will say today that rationing is the fairest and most effective way of meeting Britain’s legally binding targets for cutting greenhouse gas emissions.

People would be given a “carbon account” and a unique number that they would have to submit when making purchases of carbon-intensive items such as petrol, electricity or airline tickets. As with a bank account, people would receive statements showing the carbon weight of each purchase and how much of their ration remained.

If they used up their ration within a year, they would have to buy extra credits from those who had not used their full allowance.'

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