The Political Economy of Deep Decarbonization: Tradable Energy Quotas for Energy Descent Futures: Paper excerpt

The TEQs system involves rationing fossil fuel energy use for a nation on the basis of either a contracting carbon emission budget or scarce fuel availability, or both simultaneously, distributing budgets equitably amongst energy-users.

Healing the Rift Between Political Reality and Ecological Reality: A Q&A with Shaun Chamberlin

At the urging of Fleming and Chamberlin, TEQs were introduced, studied, and debated in the U.K. Parliament a decade ago but were judged by the government to be ahead of their time. Now, with a global climate emergency widely acknowledged, systems like TEQs warrant further serious consideration.