Cap and Share was originally developed by Feasta (the Foundation for the Economics of Sustainability) and is a regulatory and economic framework for controlling the use of fossil fuels in relation to climate stabilisation. Accepting that climate change is a global problem and that there is a need to cap and reduce greenhouse gas emissions globally, the philosophy of Cap and Share maintains that the earth’s atmosphere is a fundamental common resource. Consequently, it is argued, each individual should get an equal share of the benefits from the limited amount of fossil fuels that will have to be burned and their emissions released into the atmosphere in the period until the atmospheric concentration of greenhouse gases has been stabilised at a safe level.
Read more about Cap And Share: Design, Principles, Economic Assessment
Famous quotes containing the words cap and, cap and/or share:
“‘I have cap and bells,’ he pondered,
‘I will send them to her and die’;
And when the morning whitened
He left them where she went by.”
—William Butler Yeats (1865–1939)
“... everyone developing
A language of his own to write his book in,
And one to cap the climax by combining
All language in a one-man tongue-confusion.”
—Robert Frost (1874–1963)
“We become male automatically because of the Y chromosome and the little magic peanut, but if we are to become men we need the help of other men—we need our fathers to model for us and then to anoint us, we need our buddies to share the coming-of-age rituals with us and to let us join the team of men, and we need myths of heroes to inspire us and to show us the way.”
—Frank Pittman (20th century)