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Proceeding contribution from Lord Teverson (Liberal Democrat) in the House of Lords on Tuesday, 8 January 2008. It occurred during Committee of the Whole House (HL) and Debate on bill on Climate Change Bill [HL].


Climate Change Bill [HL]

The supposition was that it was the equivalent of borrowing under the EU ETS and that certificates under that scheme remain valid. They do between individual years but they certainly do not between five-year periods, which are the different phases of the EU ETS. So they are cancelled; you cannot bank between phases of the EU ETS.


Secondary information

Type
Proceeding contribution
Reference
697 c827 
Session
2007-08
Chamber / Committee
House of Lords chamber
Subjects
Devolved matters Climate change Carbon dioxide Environment protection Pollution control Standards Carbon emissions Climate Change Committee Carbon budgets
Legislation
Climate Change Bill (HL) 2007-08
Link
View this Proceeding contribution on www.publications.parliament.uk