UK.gov torpedoes personal carbon credit plans
The British government has come out firmly against plans for personal carbon trading, diplomatically saying the idea is "ahead of its time", would cost too much to implement, probably wouldn't see widespread participation, and anyway wouldn't deliver much in the way of benefits.
The decision comes with the release today of a Department for Environment, Food And Rural Affairs (DEFRA) "pre-feasibility" study into personal carbon trading. DEFRA's investigators have concluded that the time is not right for such a scheme, and will carry out no further research. However, the government will continue to monitor developments.
