‘Cap and share’ carbon emissions scheme proposed

A CAP on carbon emissions and a compensation scheme for citizens hit by higher fuel costs have been proposed as a way of meeting greenhouse gas reduction targets.

Cómhar Sustainable Development Council (SDC) has investigated a new “cap and share” system which would see all adults receiving free carbon emissions shares that they would then sell on to companies supplying fossil fuels.

A cap on fossil fuel emissions would lead to higher prices, offset by the money received by citizens for selling their “shares”.