Heat

I listened to a podcast interview with environmentalist book author George Monbiot today. He's written a book called "Heat, How to Stop the Planet from Burning". One premise is that every person should be issued carbon allowances (alot like Kyoto protocol cap and trade, but for people instead of business (Monbriot mysteriosly didn't mention Kyoto)) that can be spent, alongside currency, to buy gas, electricity, etc. The law of supply and demand will drive the cost of excess credits sky high, and force people to reduce their carbon footprint .

Monbiot also strongly argued that, (1) businesses should be forced to purchase all of their carbon allowances, instead of receiving their yearly allotment gratis, and (2) the allotment should be less than the business's current carbon footprint.

I like Monbriot's personal carbon allowances idea, but can you imagine that anyone besides me will vote for a politician proposing such a bill?

I disagree with Monbiot's business allotment proposal. Gifting businesses a yearly allotment of carbon allowances, where the size of the allotment slowly decreases to zero over the next ten to twenty years seems to me more feasible from a business point of view.