My Lords, may I finish this response? Then I will gladly give way to the noble Lord.
How would we know in advance whether companies would choose to buy credits, as they are allowed to do under EU law, or reduce their own emissions? How could we plan sensibly so that the practical effect would either be extra regulation or uncertainty? I am sure that the noble Lord does not want that.
Climate Change Bill [HL]
Proceeding contribution from
Lord Rooker
(Labour)
in the House of Lords on Tuesday, 11 March 2008.
It occurred during Debate on bills on Climate Change Bill [HL].
Type
Proceeding contribution
Reference
699 c1424
Session
2007-08
Chamber / Committee
House of Lords chamber
Subjects
Librarians' tools
Timestamp
2023-12-16 00:02:07 +0000
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