All Party Parliamentary TEQs report – rationing, not carbon trading

All Party Parliamentary TEQs report – rationing, not carbon trading

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.

The climate science translation guide

The climate science translation guide

We are all familiar with the concept of climate change, and the need for reduced carbon emissions, but really getting a handle on the scale of the problem can be difficult, thanks to all the confusing terminology.

I looked all over the web for a straightforward comprehensive explanation of terms like Global Warming Potential (GWP) and the different meanings of CO2equivalent but I couldn’t find it, so eventually I decided to spend some of my time (and the time of many helpful friends and colleagues) on creating one.