What can the UK teach the US about Low Carbon Economics?
The E.P. Systems Group is participating in consultations in England on climate change adaptation by suburbs and by gathering data on the British initiatives with respect to conversion to a lower carbon economy and will be writing up results in the coming months.
Specific initiatives and organizational efforts being examined include:
- The Carbon Reduction Commitment (CRC) and associated ‘carbon budgets’
- The role of the Carbon Trust as a guide for businesses and other nongovernmental entities
- The role of taxes, as examined by the Green Fiscal Commission
- The economic returns to energy efficiency and the job creation potentials of the new energy economy