Emissions Trading Scheme: Transport Debate
Full Debate: Read Full DebateBaroness Blackstone
Main Page: Baroness Blackstone (Labour - Life peer)Department Debates - View all Baroness Blackstone's debates with the Department for Business, Energy and Industrial Strategy
(3 years, 2 months ago)
Lords ChamberI recognise the points the noble Lord makes and he will be aware that, in the transport decarbonisation plan, there is a commitment to assess how economic instruments could be used to accelerate decarbonisation measures alongside all the other aspirations of the plan.
How do the Government intend to respond to the report from the Climate Crisis Advisory Group on carbon pricing, which says that emissions reductions from the advanced economies fall far short of what has been promised? I quote:
“Much stronger policy action across all sectors is needed”.
In particular, can he indicate the Government’s intention on a carbon border adjustment mechanism, and whether such a mechanism could raise nearly €10 billion a year as the Financial Times has claimed?