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.

Potential Impacts of a Global Cap and Share Scheme on India

This Report on India was prepared by Anandi Sharan, and follows Jeremy Wakeford’s model on the effects on South Africa that Cap and Share might have if introduced as part of a global climate settlement. Conditions in India are unique, as indeed they are in every country. Some elements of the pilot study, especially the impact on trade, have been shortened, whilst the section on the impact on households is given more prominence. The introduction of Cap and Share would mean that Indian households received a direct payment for their share of each year’s global emission rights. Such payments …

Potential Impacts of a Global Cap and Share Scheme on South Africa

cs_sa_coverThe BRICSA countries (Brazil, Russia, India, China and South Africa) are likely to play key roles in deciding the type of climate agreement that follows Kyoto. How likely are they to favour Cap and Share? Feasta intends to produce studies of the effects that Cap and Share might have on each. The pilot study, of the likely effects on South Africa, has just been completed by Jeremy Wakeford of South African New Economics. It will be used as a model for the remaining four reports. …

Harvard Project on International Climate Agreements competition

The Harvard Project on International Climate Agreements is running a competition to design “a complete climate policy framework to succeed the Kyoto Protocol in the post-2012 period.” Cap and Share could fit the bill very well. Entries are due by July 1 and there are an unspecified number of $3000 prizes. If you’re interested and have some time to spare to help promote Cap and Share, please read more.…

Cap and Share – A fair way to cut greenhouse emissions

Drastic cuts in the world’s greenhouse gas emissions are required to avoid a climate catastrophe. A worldwide agreement to secure such cuts will be impossible to negotiate unless both the pain and the benefits are shared equitably around the world. Moreover, the sharing system must be robust enough to ensure that the cuts agreed actually happen. Cap & Share is both robust and equitable. It has the additional advantage that, until it is adopted globally, it can be used by individual countries to make sure their emissions take a downward path. This 32 page Feasta booklet explains how C&S could …