Climate Change Bill [HL]

The intention of the wording in the Bill is not inimical to that of the amendment, but I am in favour of something like the amendment because the current wording is liable to misinterpretation. Let me take one example from the suite that we are talking about. The Bill states that, among the matters to be taken into account, are, "““economic circumstances, and in particular the likely impact of the decision””—" rather than of climate change— "““on the economy and … competitiveness””." That is exactly what the two nations that failed to sign up to Kyoto gave as their reason for not doing so. I think that the Government intend to say here that the economic circumstances must be weighed in relation to, as Stern suggests, the cost of doing something against the cost of doing nothing. I suggest to the noble Lord, Lord Rooker, that the spirit behind the amendment be taken into account and that we look again at the wording in the Bill.