Comhar Sustainable Development Council (Ireland's equivalent of the UK's Sustainable Development Commission) has published the final report on a personal carbon trading scheme known as Cap and Share.
Under the scheme, a cap is set each year on the amount of greenhouse gas emissions and all adults would then receive certificates entitling them to an equal share of the emissions permitted under that year's cap.
Citizens would be compensated for the additional fuel costs they would face as a result of the cap on carbon emissions. Since each citizen would receive the same amount of certificates, people who actually used less fuel than the average would stand to gain from the scheme.
The study, which was co-financed by Comhar SDC, Department of Transport and the EPA, was undertaken by AEA Technology and Cambridge Econometrics.
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