Climate Change Bill [HL]

I sympathise with the noble Lord. There are two separate points here: one concerns measurement and the other concerns trading. The two are related but are not the same thing. I will come on to this point on Amendment No. 8, but the whole point is that trading systems allow that great efficiency for which we all wish. At the end of the day, how you measure a country’s performance can be separate from that. It does not in any way stop trading taking place.