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proposals already well worked out Plans for rationing CO2
emissions broadly along the lines suggested by Lothar Mayer in
this article are already well advanced. They were developed by
David Fleming, whose article on the oil crisis can be read here.
Fleming calls his system Domestic Tradable Quotas, or DTQs.
'DTQs are an electronic system of rationing originally designed
to enable national economies to reduce the greenhouse gases
released by the combustion of fuels' Fleming says. 'They can
also be used if fuel supplies are disrupted. I think they will
be needed as a matter of urgency as severe increases in the
price of oil take effect during the first decade of the century.
' DTQs are intended for application within an economy, not for
trading between nations. A country setting up a DTQ system would
set an overall greenhouse emissions budget that would be reduced
year by year and 'carbon units' making the household sector's
share of this budget (rou