---

Finance (No. 2) Bill

We should review what the Government have done as regards motoring and emissions. In 1997, they introduced monitoring of CO2 emissions from vehicles. They introduced bands A to F labelling on fuel efficiency. They carried out a major overhaul of the company car tax regime, which has led to a significant fall in the average emissions output of company cars. They introduced banding of vehicle excise duty—the graduated scheme that has been mentioned. This country is likely to more than meet its Kyoto targets. Between 1997 and 2004, there was a 10.7 per cent. cut in the new car average emissions of noxious gases, particularly CO2. Now, clause 13 introduces band G, with lower bands at the beginning of the scale.