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Climate Change Bill [Lords]

My hon. Friend is sitting behind me, but I guess he cannot read my handwriting from there. My second point was precisely that—I had written, ““overseas credits bring 'wrong' technology””. From a developmental point of view, there is a place for assisting developing countries to deal with carbon emissions in order to prevent them from going down a path of dirty technology. It is far better, however, to save carbon emissions at home. We can then put money into technology that will work in the developed world where the big emissions problem is. There is a strong case not to say that a ton of carbon saved is a ton of carbon saved and it does not matter where. If we save it at home we are spending money on technology that works in the rich world, which can be exported. That is good for the green economy, and helps the world to tackle its carbon emissions.