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Barriers to personal carbon trading in the policy arena

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  • YAEL PARAG
  • NICK EYRE

Abstract

Theories of the policy process are used to identify existing and possible future barriers to personal carbon trading (PCT) in the political and policy arenas. PCT is a policy invention, i.e. a policy that does not yet exist anywhere and therefore is perceived as risky by many. It faces more barriers than 'conventional' new policies. Obstacles to PCT are examined at the policy stages of agenda-setting, problem definition, and policy decision. The article highlights the political nature of policy-making, considers how PCT might be kept in the 'pool' from which policy instruments are chosen, and elaborates the changes that would be needed in the core values and beliefs currently dominating decision-making forums.

Suggested Citation

  • Yael Parag & Nick Eyre, 2010. "Barriers to personal carbon trading in the policy arena," Climate Policy, Taylor & Francis Journals, vol. 10(4), pages 353-368, July.
    • Handle: RePEc:taf:tcpoxx:v:10:y:2010:i:4:p:353-368
    DOI: 10.3763/cpol.2009.0009
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    Cited by:

    1. Alice Brock & Simon Kemp & Ian D. Williams, 2022. "Personal Carbon Budgets: A Pestle Review," Sustainability, MDPI, vol. 14(15), pages 1-18, July.
    2. Li, Yao & Fan, Jin & Zhao, Dingtao & Wu, Yanrui & Li, Jun, 2016. "Tiered gasoline pricing: A personal carbon trading perspective," Energy Policy, Elsevier, vol. 89(C), pages 194-201.
    3. Nick Eyre, 2013. "Decentralization of governance in the low-carbon transition," Chapters, in: Roger Fouquet (ed.), Handbook on Energy and Climate Change, chapter 27, pages 581-597, Edward Elgar Publishing.
    4. Burgess, Martin, 2016. "Personal carbon allowances: A revised model to alleviate distributional issues," Ecological Economics, Elsevier, vol. 130(C), pages 316-327.
    5. Fan, Jin & Wang, Shanyong & Wu, Yanrui & Li, Jun & Zhao, Dingtao, 2015. "Buffer effect and price effect of a personal carbon trading scheme," Energy, Elsevier, vol. 82(C), pages 601-610.
    6. Yao Li & Shuai Wang, 2023. "Personal emission permit trading scheme: urban spatial equilibrium and planning," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 116(1), pages 1239-1259, March.
    7. Fabio Bothner, 2021. "Personal Carbon Trading—Lost in the Policy Primeval Soup?," Sustainability, MDPI, vol. 13(8), pages 1-16, April.
    8. Martin Burgess & Mark Whitehead, 2020. "Just Transitions , Poverty and Energy Consumption: Personal Carbon Accounts and Households in Poverty," Energies, MDPI, vol. 13(22), pages 1-24, November.
    9. Degens, Philipp, 2013. "Alternative Geldkonzepte - ein Literaturbericht," MPIfG Discussion Paper 13/1, Max Planck Institute for the Study of Societies.
    10. Anna-Katharina Kothe & Alexander Kuptel & Roman Seidl, 2021. "Simulating Personal Carbon Trading (PCT) with an Agent-Based Model (ABM): Investigating Adaptive Reduction Rates and Path Dependence," Energies, MDPI, vol. 14(22), pages 1-15, November.
    11. Andersson, David & Löfgren, Åsa & Widerberg, Anna, 2011. "Attitudes to Personal Carbon Allowances," Working Papers in Economics 505, University of Gothenburg, Department of Economics.
    12. Wadud, Zia & Chintakayala, Phani Kumar, 2019. "Personal Carbon Trading: Trade-off and Complementarity Between In-home and Transport Related Emissions Reduction," Ecological Economics, Elsevier, vol. 156(C), pages 397-408.
    13. Lu, Youshui & Li, Yue & Tang, Xiaojun & Cai, Bowei & Wang, Hua & Liu, Lei & Wan, Shaohua & Yu, Keping, 2022. "STRICTs: A Blockchain-enabled Smart Emission Cap Restrictive and Carbon Permit Trading System," Applied Energy, Elsevier, vol. 313(C).

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