About Cap and Share
Cap and share is a system which keeps fossil fuels in the ground and shares real wealth with people and communities everywhere.
A number of specific proposals for cap and share exist, which all share certain key features:
A carbon cap on the extraction and/or importation of fossil fuels that reduces briskly towards zero
No offsets: tree-planting and other beneficial activities are as well as, not instead of, limiting fossil fuel
A carbon charge applied to companies that extract or import fossil fuels
Cash dividends that are paid out directly to people
Further mechanisms that address climate justice, global justice and intergenerational justice
Citizen oversight: a meaningful management role for the people of the world
How it works - in detail
Detailed, costed cap and share proposals are described in papers produced by members of the Cap and Share Climate Alliance, including:
'Phasing out fossil fuels, supporting climate justice' - Feasta
'A Global Climate Plan' - Global Redistribution Advocates
'Climate justice without borders' - Equal Right and Autonomy
The Global Launch of the Cap and Share Climate Alliance
In August 2023 we brought together a global panel of experts to launch the alliance and explore a major new cap and share proposal put forward by one of the alliance's founder members. Watch the video below.