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