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Climate Change Bill [HL]

Perhaps I am misunderstanding the noble Lord, but we already have all sorts of targets in other areas, around which there is no trading. Trading is a separate activity. You do not have to have trading and targets. You have to have measurement to have trading, but you do not have to have trading with measurement. Coming back to the comments made by the noble Lord, Lord Soley, on the aviation industry, I am certainly not in any way—he did not accuse me of this—a headbanger against the aviation industry. I see it as an important industry now and for the future. One of the experiences that I have had was in the south-west at a major regional airport. Its investment plans took into consideration all aspects of legislation. I asked those people whether they had taken the Climate Change Bill into consideration and they said no. That was a multinational organisation. There is still the requirement or need for top management to understand that this will be a pressure in the future. At the moment I do not see that evidence in some practical investment decisions. I have not often seen the Minister quite so passionate about a plea as he was in this matter. We feel very strongly about this area, which I am sure he understands. From these Benches I would welcome between now and Report stage an opportunity to talk through with his department those practical areas so we can ensure that we are not involved in political rhetoric here but are trying to solve a common problem. On that basis—I stress that we see this as a core issue—I beg leave to withdraw the amendment. Amendment, by leave, withdrawn. [Amendment No. 116 not moved.]