Personal carbon allowances revisited
Francesco Fuso Nerini (),
Tina Fawcett,
Yael Parag and
Paul Ekins
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Francesco Fuso Nerini: KTH Royal Institute of Technology
Tina Fawcett: University of Oxford
Yael Parag: Interdisciplinary Center Herzliya
Paul Ekins: University College London
Nature Sustainability, 2021, vol. 4, issue 12, 1025-1031
Abstract:
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.
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:nat:natsus:v:4:y:2021:i:12:d:10.1038_s41893-021-00756-w
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DOI: 10.1038/s41893-021-00756-w
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