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Climate Change Bill [Lords]

I declare an interest that is in the register: I am a director of Eurotunnel, which provides a low-carbon transport route between Britain and the continent. I warmly welcome the Government new clauses that we are debating and the Government's acceptance of amendment No. 72, just as I welcomed the Bill on Second Reading in the summer. The Minister knows that, like me, the Environmental Audit Committee, which I chair, would much prefer the Government to go further and faster in relation to both aviation and shipping. I particularly hope that the Government will be—or will continue to be—in the forefront of efforts to bring aviation into the European Union emissions trading scheme on a basis that really drives carbon prices to a level that will incentivise investment in low-carbon infrastructure, encourage the faster introduction of more efficient aircraft and accelerate the use of more efficient practices by airlines as they move planes both on the ground and in the air. Those benefits could flow quite quickly, but they will do so only if the terms for the introduction of aviation into the scheme are a great deal better than those that applied in phase 1 for the power generation industry.