go up. But every time consumers use fossil fuels, say by filling their cars up with petrol, they would lose these valuable credits, forcing them to choose low carbon alternatives.
Among the major effects would be that electric, battery-operated cars would quickly overtake use of the internal combustion engine. Households would be forced to invest in ways to make their homes energy efficient, and switch from gas to biofuels or renewable electricity.
But there would also be "negative" effects in terms of the lifestyle that people enjoy. Air travel would become far too expensive unless the industry "pulls something out of the hat" and finds a green fuel.
And the diet of the country would have to change to include much more organically-grown, locally-produced vegetables, and less meat.
The result of the new "carbon economics" would be to cut energy use by half, and this new demand would then be met entirely by a green supply.
Tens of thousands of wind turbines would be built, mainly around Britain's shores, to provide 50 per cent of the country's new energy needs. The rest would come from a combination of biofuel "combined heat and power" stations, wave power, hydroelectricity and tidal schemes.
Nuclear power could provide some of the demand at first, but the authors do not suggest building more nuclear power stations because of the cost and targets they provide to terrorists.
Duncan McLaren, chief executive of Friends of the Earth Scotland, said "The solutions put forward in this report could slash carbon emissions. There would need to be a major step change in political and public thinking."
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