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

The Dangers of Carbon Pricing, and the Canny Way Forward

by Shaun Chamberlin on May 29th, 2015

CO2 roadsign

Lately we’ve seen the president of the World Bank and ‘business leaders from the very carbon-intensive industries’ pushing for carbon pricing (taxes or ‘carbon trading’ schemes). This is intended to demonstrate their deep change of heart and determination to start seriously addressing climate change, but to my eyes it is a deeply cynical, pernicious attempt to channel the passion of those deeply-committed to action on climate change into mechanisms that will only maintain the suicidal status quo.

Which is why I poured all my experience of ten years’ work on the topic into this peer-reviewed academic paper, which I believe demolishes the case for carbon taxes or carbon trading schemes as the way forward, and shows a clear, well-researched alternative (though it took almost as much effort as writing my book!).
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All Party Parliamentary TEQs report launch

by Shaun Chamberlin on January 23rd, 2011

APPGOPO TEQs front cover

What a week – Tuesday’s launch of the All Party Parliamentary Group on Peak Oil’s report into TEQs was a tremendous success, with excellent media coverage, including Time magazine, The Sunday Times, Bloomberg News, the BBC, the Financial Times and many others (linked article list). The only problem has been that the degree of interest has been such that I haven’t found a moment to write anything here – although I have been Tweeting, I feel as though I’m the last to cover it!

A fuller, more thoughtful piece may follow when time allows, but for now take a look at the videos from the event (Caroline Lucas MP, John Hemming MP, Jeremy Leggett and me), the various blogs that are discussing the implications, and of course the report itself.

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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 »

Polly Toynbee joins Team TEQs

by Shaun Chamberlin on August 17th, 2008

Polly Toynbee

Last month I attended an Institute for Public Policy Research (IPPR) meeting called to announce their latest research into personal carbon allowances. Polly Toynbee was invited to chair the meeting, and was clearly impressed with what she heard as she has now written a very positive article about TEQs in her column in the Guardian. In it she reminds us of DEFRA’s description of the scheme as “ahead of its time” and derides the Government’s delay in moving towards implementation.

The IPPR have now joined our challenge to DEFRA’s decision to delay a full feasibility study into TEQs, announcing that their research found that the public are far better disposed towards personal carbon allowances than DEFRA claim, and much prefer the idea to carbon taxation or upstream carbon trading (IPPR’s research took the time to explain the three schemes rather more thoroughly than DEFRA had, which certainly helped on this score).