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Climate Change Bill [HL]

My Lords, perhaps I may respond to the remarks of the noble Lord, Lord Campbell-Savours. I think that he has misread the analogy with the Bank of England. The true analogy is that the Government take the fundamental political decision on whether we are a high-inflation or low-inflation economy and on the degree of rigour. The Government set the target and then assign the task of delivering that target to an operational body. The analogy is not the same in this case. What is being proposed is that the target should be set by the committee. That is a completely different constitutional position. The position set out by the Minister is therefore right. The target is set on advice and then various people may be given the task of implementing it. I think that the evidence of the Bank of England actually leads one to exactly the opposite conclusion.