Tradable Energy Quotas

TEQs (Tradable Energy Quotas) is a proposal for a national emissions and energy trading scheme that includes personal carbon trading as a central element. It is the subject of significant interest from the UK Government, and is explicitly designed to address both climate change and peak oil.

The scheme was originally known as DTQs (Domestic Tradable Quotas). This was later changed to TEQs (Tradable Energy Quotas) due to confusion caused by the word "domestic" in the original title. While intended to distinguish the scheme from international trading schemes, it was sometimes misinterpreted to imply that the scheme covered only household emissions, rather than the entire national economy.

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