Why personal carbon allowances will not reduce carbon emissions

Personal carbon allowances has been offered as a solution to save the planet. What its devisors mean is that every human should have personal carbon emission quota. If you exceed your emission quota you will have to buy unused quota from someone who has quota to spare.

Some strongly hold the belief that a personal carbon allowance is the way to reduce carbon dioxide emission. I disagree; it is probably a way to spread wealth from rich countries to poor countries but no more than that. I cannot see it making a positive contribution to reducing carbon emissions. Continue reading