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Carbon credits for the Joneses

UK politician advocates domestic emissions allowance.

It sounds like a triumph for the doctrine that people should think globally but act locally — and like a nightmare scenario for libertarian opponents of big government. Last week, UK environment secretary David Miliband suggested issuing all British adults with an annual carbon allowance. Advocates say the system is fair and would focus people's attention on conserving energy. But could it ever succeed?

Read the story here.

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