Research and development

Research and development

In 2021, a study published in Nature Sustainability concluded that personal carbon allowances (PCAs) could be a component of climate change mitigation. They find that the economic recovery from COVID-19 and novel digital technology capacities open a window of opportunity for first trial implementations in climate-conscious technologically advanced countries. PCAs would consist of – e.g. monetary – credit-feedbacks and decreasing default levels – aligned with calculated regional maximum emissions for emission-target achievement – of per capita emissions allowances. The researchers find that recent advances in machine learning technology and "smarter home and transport options make it possible to easily track and manage a large share of individuals' emissions" and that feedback effective in engaging individuals to reduce their energy-related emissions and relevant new personalized apps could be designed.^[23][24][25] Issues may include privacy,^[25] the evaluation of emissions from individuals that e.g. co-run multinational companies, the evaluation of offsets by inducing reductions of emissions by others or overall, accuracy of and requirements for the design of mechanisms to assess environmental impacts of product-, service-, labor- and lifestyle-decisions, requirements for the design and maintenance of anonymized accurate data, international enforcement, scope and loopholes of evaluations, adoption by major emitters in a landscape of globalized economic competition, public acceptance^[25][26] and the availability and prices of products and services.^{[additional citation(s) needed]}

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