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Proceeding contribution from Lord Redesdale (Liberal Democrat) in the House of Lords on Monday, 17 December 2007. It occurred during Committee of the Whole House (HL) and Debate on bill on Climate Change Bill [HL].


Climate Change Bill [HL]

As I understand it, companies could deal with their emissions by buying in from other people. There is no obligation on them to reduce their carbon emissions. Therefore we would have a paper exercise in the British economy’s production of carbon by which, even if companies had met their obligations and produced less through buying in, they would be producing more carbon, though offsetting it by buying other people’s trading.


Secondary information

Type
Proceeding contribution
Reference
697 c518 
Session
2007-08
Chamber / Committee
House of Lords chamber
Subjects
Climate change Carbon dioxide Environment protection Energy Pollution control Standards Carbon emissions UK emissions trading scheme Climate Change Committee
Legislation
Climate Change Bill (HL) 2007-08
Link
View this Proceeding contribution on www.publications.parliament.uk