When carbon emissions are capped, who gets the emission rights?
Carbon Share provides income from carbon emissions rights to people.

To help address climate change, governments may limit the number of greenhouse gas emission permits under a cap. This gives value to the permits. Who gets that value? To answer this fairly, the market must be designed correctly. This website describes how a market could be designed to provide the right price signals to reduce greenhouse gases, while recycling revenue to people.

Carbon Share:

· Reduces carbon emissions statewide
· Creates a genuine market for carbon emission permits
· Pays cash to every state resident
· Makes polluters pay for their pollution

What is Carbon Share?

What's New:

California: A lot is happening around California's AB32. Governor Schwarzenegger asked the new Economic and Allocation Advisory Committee to "explore the concept of returning the value of allowances back to the people." The first EAAC meeting will be July 1, 2009.

New fliers about Carbon Share: 1) Carbon market design, 2) How to spend the revenues, 3) What is Carbon Share, 4) Cap and Dividend, 5) How would you like your climate entitlement

In December 2008 the California Air Resources Board approved the AB32 Scoping Plan which considers market mechanisms. We submitted comments to the Draft Scoping Plan encouraging upstream, auctioning, and compensating consumers. In June 2007, the California: AB32 Market Advisory Committee issued their final report.

U.S.: Congress is beginning to discuss capping national greenhouse emissions, including the Cap and Dividend Act of 2009.
The Western Climate Initiative is discussing a regional cap and trade market for Western States.

International: A group of citizens in the UK, Ireland, and elsewhere are promoting Cap and Share. A citizen's initiative is beginning to look at how a Global Carbon Trust could administer such a program.

Events: Recent event in Sacramento April 10, 2009: Carbon Pricing in a Slow Economy. Past event: June 22, 2007: How to Spend the Money?

Background: Resources and factsheets are here.

Citizen's Guide to Carbon Capping by Peter Barnes, with research by Mike Sandler. This 22-page guide describes three different ways to cap carbon: cap-and-giveaway, cap-and-auction, and cap-and-dividend. Here's a new flier about Cap and Dividend (pdf).
More information at CapandDividend.org. Here's how Cap and Dividend and Carbon Share can co-exist.


 

Carbon Share works alongside the Climate Protection Campaign.
For more information, contact Mike Sandler (707) 529-4620
email mike [at] carbonshare.org.