Carbon Limited is essentially a project aimed at generating ideas for a personal carbon allowance, and how this can be implemented in the most effective, and fair, way possible. The focus of the scheme is broad ranging, looking at a wide range of questions, from the technological, to the socio-cultural and economic: "i.e. What information technology would be needed to do this? What would it cost? How might individuals react and interact with it? What could it mean for the economy?" Those who remain vehemently opposed to personal carbon trading are not likely to be comforted by Carbon Limited, given that the project seems to start out with the premise that personal rationing is necessary, possibly even inevitable, as this quote from the RSA website shows:
"In the search for a way of achieving cuts in greenhouse gas emissions quickly, personal carbon trading is rapidly gaining a great deal of support as a potentially fair and effective tool. It could provide us all with a real financial incentive to reduce our carbon emissions through more intelligent use of energy. Will [sic.] be carrying around a carbon credit card in the not too distant future."
The project's web page includes a discussion section, information on news and events, as well as links to a number of studies and proposals on the subject, and suggestions of books for further reading. While we don't expect personal carbon trading to be welcomed by everyone any time soon, we are very pleased to see some serious, rational thought and research going on as to what such a system would look like, should it be implemented. ::Carbon Limited::via The RSA Journal::