---

Climate Change Bill [HL]

We will come on to this in a later amendments. Although from these Benches we welcome devolution in these areas, I have a number of questions for the noble Earl, Lord Cathcart. One of the characteristics of trading schemes is that the smaller they are, the more difficult the marketability of the asset. Although I applaud the idea that Wales, Scotland, England or even Northern Ireland can have their own individual trading schemes to do with emissions, I cannot conceive of it as being practically possible. I will be very interested to hear from the Minister what might be envisaged by this clause.