Risks identified in this submission include geopolitical unrest stemming from the climate and biodiversity crises and the decreasing global supply of high-quality oil; an unbalanced banking sector in Ireland; and 'perception risk' arising from ungrounded assumptions about the nature of the economy.
This submission argues that efficiency, fairness, and ease of administration and participation all point toward auctioning as the optimal way to perform allocations during the planned phasedown of Hydrofluorocarbons.
Feasta members' suggestions for Ireland's updated Climate Action Plan include capping carbon in partnership with low-income countries, withdrawing from harmful international treaties, introducing a Land Value Tax, Financial transactions Tax and Universal Basic Income, making finance growth-neutral, and adopting Community Wealth Building.
What can the EU do to prevent carbon leakage - the sabotaging of its climate policy by non-EU industries? This submission provides some suggestions and also places a strong emphasis on international climate justice.
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.
This submittal from Feasta calls for an upstream permit system to ensure that fossil fuel supply is gradually phased out in the northeastern and Atlantic U.S. States, along with a per-capita distribution of revenue from the sale of permits. It also emphasises international climate justice.