The benefits of Cap and Share

tick Effective Would limit global emissions and bring them down year by year
tick Flexible and scalable Can be applied at a sectoral, national, regional or global level
tick Easy Would be easy and cheap to implement and manage
tick Fair Establishes an equal right for all to a "sky commons"
tick Popular Positively compensates the public for higher energy prices
tick Not a tax Cap and Share is automatically ‘revenue neutral’
tick Bankable Provides an income for adaptation and development
tick Greater certainty Removes uncertainty about the level of fossil fuel use that is permitted
tick No room for corruption Everyone directly gets the same entitlement
tick Carbon efficient Rewards the carbon efficient and does not encourage dirty plants
tick Complementary Adds to existing campaigns to arrest climate change
tick Supports cooperation Encourages international cooperation rather than competition