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.

Cap and Share in India (from Sharing for Survival)

Should the funds from Cap and Share be distributed equally to individuals or are there better ways of using them? Indians are even more in need of financial help than those suffering from austerity programmes in the west, but James Bruges explains why he believes it would be better to distribute to community organisations in India. He starts his chapter of Sharing for Survival with some comments on climate and also covers related economic issues.

Climate Change and Peak Oil: two sides of the same coin?

This talk given by David Knight on July 4th describes three possible future scenarios: runaway climate change; collapse triggered by peak oil; and "green future". He takes into account recent claims that peak oil can be postponed by the adoption of unconventional methods of oil production, and he concludes by presenting a wish list of actions by governments and citizens.

Preface to Sharing for Survival

Brian Davey's preface to our new book Sharing for Survival: Restoring the Climate, the Commons and Society describes climate change as a 'wicked problem', with no single, clear solution. The book therefore presents a patchwork-quilt-style diversity of responses to climate mitigation. Although the authors may differ in the specifics of what they suggest, they are united by their concern for effectiveness and equity.

Fracking good or fracking bad?

At the Feasta climate weekend in Wales last month David Knight gave a presentation on 'fracking': the use of unconventional methods for extracting natural gas. Fracking has become the subject of much controversy on both sides of the Atlantic as the energy industry lobbies for its widespread adoption. Knight discussed its viability in terms of energy return on investment, its potential as a pollutant and its effect on climate change. You can download his powerpoint slides from this site now, along with the script he used while giving the presentation.