"To be truly radical is to make hope possible, rather than despair convincing." - Raymond Williams

All Party Parliamentary TEQs report – rationing, not carbon trading

by Shaun Chamberlin on August 14th, 2009

Market invisible hand

As the evidence for the utter inapplicability of free market carbon trading to our climate emergency continues to pile up, interest continues to grow in the less PR-friendly alternative – the rationing of carbon-rated energy.

Yesterday, the UK Government’s All Party Parliamentary Group on Peak Oil and Gas previewed a draft report commissioned from The Lean Economy Connection. The report, which I co-authored with Dr. David Fleming, emphasises the necessity of considering our pressing energy challenges alongside climate change, and argues that national energy rationing systems on the model of TEQs (Tradable Energy Quotas) will be essential to the fair distribution of fuel as shortages unfold, with implementation now an urgent priority for the UK.

John Hemming MP, Chairman of the All Party group, stated that the UK government remains unprepared for peak oil: “The evidence is now strong that peak oil is either upon us or just over the horizon. Even the International Energy Agency accepts that an oil supply crunch seems to be on its way. The UK government should urgently consider the TEQs system, as I believe it’s the only comprehensive and fair way to tackle climate change and the coming oil crisis.” Read more »

Scottish Parliament discusses TEQs

by Shaun Chamberlin on May 12th, 2009

Tradable Energy Quotas

I was delighted to read this week that my recent article in Resurgence magazine has helped inspire Bill Wilson MSP to champion TEQs (Tradable Energy Quotas) in the ongoing debate on the Climate Change (Scotland) Bill.

Speaking in the Scottish Parliament, Dr. Wilson highlighted that “climate change could be an opportunity for Scotland, rather than a malign threat, a driver for truly sustainable development. We will be a greener country, of course, but we could and should also use climate change to become fairer, healthier and wealthier, smarter, safer and stronger”. Read more »

Parliamentary TEQs talk, and an interesting conversation…

by Shaun Chamberlin on May 16th, 2008

House of Commons

On Tuesday I spoke on TEQs at the House of Commons to a joint meeting of the All Party Parliamentary Group on Peak Oil and Gas (APPGOPO) and the All Party Parliamentary Group on Climate Change.

An audio recording of my presentation, and those of my co-speakers – Rob Hopkins of Transition Towns and Simon Snowden of Liverpool University’s Oil Depletion Impact Group – can be found on the APPGOPO website, along with our slides.

My personal highlight was Simon Snowden’s comment on so-called ‘silver bullet’ solutions to peak oil and climate change:

“Those familiar with their mythology will recall that silver bullets are used for killing werewolves. Werewolves do not exist. So silver bullets are both expensive and bloody useless!” Read more »