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Personal carbon allowances revisited

Author

Listed:
  • Francesco Fuso Nerini

    (KTH Royal Institute of Technology)

  • Tina Fawcett

    (University of Oxford)

  • Yael Parag

    (Interdisciplinary Center Herzliya)

  • Paul Ekins

    (University College London)

Abstract

Here we discuss how personal carbon allowances (PCAs) could play a role in achieving ambitious climate mitigation targets. We argue that recent advances in AI for sustainable development, together with the need for a low-carbon recovery from the COVID-19 crisis, open a new window of opportunity for PCAs. Furthermore, we present design principles based on the Sustainable Development Goals for the future adoption of PCAs. We conclude that PCAs could be trialled in selected climate-conscious technologically advanced countries, mindful of potential issues around integration into the current policy mix, privacy concerns and distributional impacts.

Suggested Citation

  • Francesco Fuso Nerini & Tina Fawcett & Yael Parag & Paul Ekins, 2021. "Personal carbon allowances revisited," Nature Sustainability, Nature, vol. 4(12), pages 1025-1031, December.
    • Handle: RePEc:nat:natsus:v:4:y:2021:i:12:d:10.1038_s41893-021-00756-w
    DOI: 10.1038/s41893-021-00756-w
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    References listed on IDEAS

    as
    1. Francesco Fuso Nerini & Benjamin Sovacool & Nick Hughes & Laura Cozzi & Ellie Cosgrave & Mark Howells & Massimo Tavoni & Julia Tomei & Hisham Zerriffi & Ben Milligan, 2019. "Connecting climate action with other Sustainable Development Goals," Nature Sustainability, Nature, vol. 2(8), pages 674-680, August.
    2. Tina Fawcett & Yael Parag, 2010. "An introduction to personal carbon trading," Climate Policy, Taylor & Francis Journals, vol. 10(4), pages 329-338, July.
    3. Fawcett, Tina, 2010. "Personal carbon trading: A policy ahead of its time?," Energy Policy, Elsevier, vol. 38(11), pages 6868-6876, November.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Jakob Enlund & David Andersson & Fredrik Carlsson, 2023. "Individual Carbon Footprint Reduction: Evidence from Pro-environmental Users of a Carbon Calculator," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 86(3), pages 433-467, November.
    2. Anna-Katharina Kothe & Alexander Kuptel & Roman Seidl, 2021. "Simulating Personal Carbon Trading (PCT) with an Agent-Based Model (ABM): Investigating Adaptive Reduction Rates and Path Dependence," Energies, MDPI, vol. 14(22), pages 1-15, November.
    3. Nie, Qingyun & Zhang, Lihui & Li, Songrui, 2022. "How can personal carbon trading be applied in electric vehicle subsidies? A Stackelberg game method in private vehicles," Applied Energy, Elsevier, vol. 313(C).
    4. Pitkänen, Atte & von Wright, Tuuli & Kaseva, Janne & Kahiluoto, Helena, 2022. "Distributional fairness of personal carbon trading," Ecological Economics, Elsevier, vol. 201(C).
    5. Uusitalo, V. & Huttunen, A. & Kareinen, E. & von Wright, T. & Valjakka, M. & Pitkänen, A. & Levänen, J., 2022. "Using personal carbon trading to reduce mobility emissions: A pilot in the Finnish city of Lahti," Transport Policy, Elsevier, vol. 126(C), pages 177-187.
    6. Boyce, Scott & He, Fangliang, 2023. "Effects of government policy, socioeconomics, and weather on residential GHG emissions across subnational jurisdictions: The case of Canada," Energy Policy, Elsevier, vol. 182(C).
    7. von Wright, Tuuli & Kaseva, Janne & Kahiluoto, Helena, 2022. "Needs must? Fair allocation of personal carbon allowances in mobility," Ecological Economics, Elsevier, vol. 200(C).

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