Cap and Share

Cap and Share is a way of eliminating fossil fuel production, an alternative to ‘carbon rations’ or carbon taxes. It has two basic premises: firstly, that to stop runaway climate change, we need to cap, or limit, our carbon emissions at the source of extraction or import, and secondly, that any money generated by the sale of permits for extract or importing fossil fuels should be shared equally by the population.

Cap and Share has its own dedicated website here. A sister website for the CapGlobalCarbon initiative, which places Cap and Share in a global context, is at www.capglobalcarbon.org.

Cap and Share is the focus of our publication Sharing for Survival: Restoring the Climate, the Commons and Society, which includes chapters on the commons, policy packages that would be needed alongside Cap and Share, the logistics of managing the share on a global level and how governance could be handled.

Below you’ll find an archive of Feasta blog articles and Feasta submissions that involve Cap and Share.

‘Balancing with a Doughnut’: Feasta position paper on the revision of the European Commission’s Energy Taxation Directive

This paper calls for the introduction of a suite of climate-related reforms in the EU that include limiting fossil fuel production and imports at source, placing a limit on carbon fees along with a quota system, introducing per-capita allocations of revenue from a carbon fee, and forming a partnership with a group of Global South countries to promote climate justice.