Cap and Share

FEASTA’s Climate Group promotes Cap and Share as a way of eliminating fossil fuel production, an alternative to carbon taxes that rely solely on price as the principal way to reduce emissions. It has two basic premises: firstly, that to stop runaway climate change, we need to cap, or limit, our carbon emissions at the source of extraction or import, and secondly, that any money generated by the sale of permits for extracting or importing fossil fuels should be shared equally by the population.

In August 2023 a new, global Cap and Share Climate Alliance was launched by a group of partner organisations including Feasta, Equal Right, The Future We Need, DR Climate Change Network, Autonomy, Global Redistribution Advocates and the Abel Musumali Foundation. If you’d like to find out more about the Alliance or if your organisation is interested in joining, please go here.

Cap and Share was mentioned in the 2022 IPCC II Working Group report on climate change impacts, adaptation and vulnerability (Chapter 1, p67), in the context of climate mitigation measures that do not assume a need for continual economic growth and that seek to minimise reliance on as-yet-undiscovered negative emissions technologies.

Cap and Share has its own dedicated website here. A sister website for the CapGlobalCarbon initiative, which places Cap and Share in a global context, is at www.capglobalcarbon.org.

Cap and Share is the focus of our publication Sharing for Survival: Restoring the Climate, the Commons and Society, which includes chapters on the commons, policy packages that would be needed alongside Cap and Share, the logistics of managing the share on a global level and how governance could be handled.

Below you’ll find an archive of Feasta blog articles and Feasta submissions that include Cap and Share.

‘Balancing with a Doughnut’: Feasta position paper on the revision of the European Commission’s Energy Taxation Directive

This paper calls for the introduction of a suite of climate-related reforms in the EU that include limiting fossil fuel production and imports at source, placing a limit on carbon fees along with a quota system, introducing per-capita allocations of revenue from a carbon fee, and forming a partnership with a group of Global South countries to promote climate justice.

Extinction Rebellion, Green New Deal, Labour and sustainability……. and Cap and Share

"What we must try to promise is not rising incomes but security," writes Brian Davey. "That's a fundamental point and I don't find it in the proposals for a Green New Deal, which is all about creating 'well paid jobs'. Since the consumption of our society is a major part of the problem, we have to wrestle with how we reduce our consumption."