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Thursday, October 28, 2010

Carbon trading project a world first

image: The Citizens Journal
Digby Hildreth


A WORLD-FIRST trial of a personal carbon trading scheme that will also target obesity, is to be conducted by Southern Cross University on Norfolk Island.

The three-year project will involve giving everyone on the island a card loaded with carbon units, according to the man leading it, Garry Egger.

“Then every time they go and pay for their petrol or their power – and from the second year their food – it will not only be paid for in money but it will also come off the carbon units they are given for free at the start of the program,” Professor Egger said.

If people are thrifty and don’t buy a lot of petrol or power or fatty foods, they will have units to spare, which they can cash in at a bank.

“If they aren’t frugal and produce a lot of carbon and consume unhealthy foods, then every year they will have to buy extra units,” he said.



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