t11.
For example, the DEFRA report commissioned from Accenture (2008), “An Analysis of the Technical Feasibility and Potential Costs of a Personal Carbon Trading Scheme” produced estimated running costs of between £1 and £2 billion per annum, p 6.
For a commentary on this report, see David Fleming and Shaun Chamberlin (2008), “DEFRA’s Pre-Feasibility Study into Personal Carbon Trading—A Missed Opportunity”.