Cap & Share in the run-up to Paris

Is it realistic to insist, as Feasta climate group members are doing, that world citizens could set up a global trust that would issue fossil fuel extraction permits , thus ensuring that greenhouse gas emissions gradually reduce to zero? What about politics? Cartel pressure and greed? And how can we get the word out about Cap & Share in the first place? Laurence Matthews makes some practical suggestions.

A simple proposal to keep fossil fuels in the ground

Over on the Responding to Climate Change website you can read a post by Feasta climate group member Laurence Matthews in which he explains why Cap and Share would perfectly fit the bill for ‘strong climate action’ that so many prominent figures, from the Pope to pop stars, are calling for. Cap and Share (or CapGlobalCarbon) would ensure that fossil fuel extraction was gradually phased out while simultaneously tackling poverty and inequality. …

From our archives: the freedom to be frugal

In a compelling article from the second Feasta Review, published in 2004, Molly Scott Cato questions common assumptions about the consumption-based economy. "Wants do not arise from human nature, or even from a social agreement, for the most part they are created by an advertising industry that has no other purpose." The central problem, as she sees it, is actually inequality - something that Feasta proposals such as CapGlobalCarbon and land value tax would directly address.