UK needs personal carbon trading scheme, say MPs

Britain should consider giving individuals a personal carbon allowance in order to help the country meet its greenhouse-gas emissions target, a committee of lawmakers said on Monday.

The Environmental Audit Committee, a group of MPs, said the British government would need to cut carbon emissions from individuals and households, as well as businesses and industry, in order to reduce carbon dioxide emissions by 60% by 2050 as planned.
Introducing a personal carbon emissions allowance, where people would have to trade in credits if they wanted to exceed their own CO2 quota, would be more effective and fairer than bringing in green taxes, the committee’s report said.
But environment secretary Hilary Benn told the BBC the idea would be costly and impractical, and was "ahead of its time". "It’s not as if the government isn’t taking lots of other action to get our emissions down," he added.

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