Principles
- That a ceiling or cap on carbon dioxide and other green house gas (ghg) emissions from fossil fuels should be calculated that prevents an average global temperature rise of over 2 degrees Celsius.
- That the right to emit such ghgs is a human right, and should be shared on an equal-per-capita basis, with permits going to each individual rather than to their governments.
- That the permits would be saleable through the post office and banking system to the importers and producers of fossil fuels who would need to acquire enough permits to cover the emissions from the fuels they introduce.
- That any national or European Union scheme should be designed as a possible prototype for a global system that will also help set the conditions for the alleviation of poverty and the maintenance of biodiversity.
Read more about this topic: Cap And Share
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—Adam Smith (1723–1790)
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