Climate Change: Cancun

Lord Lawson of Blaby Excerpts

Wednesday 20th October 2010 Lords Chamber

[Lord Marland]

I thank the right reverend Prelate for his question. I also thank him for the work that he has done with the Tearfund and Carbon Fast, and for the leadership that the Church of England has shown with Shrinking the Footprint, which will produce a 42 per cent reduction in its carbon emissions by 2020. The leadership by all Churches is very important to this subject. I am rather delaying the great opportunity that the right reverend Prelate has given me: to be able to announce that the pledge made by the Labour Government to fast start finance of £1.5 billion between 2010 and 2013 is, I am happy to say, now a reality.

[Lord Lawson of Blaby]

My Lords, is the Minister aware that the chairman of the Government’s own Green Investment Bank commission has authoritatively stated that the cost of meeting our current carbon reduction commitments in this country is somewhere between £800 billion and £1 trillion? Does he not agree that, with the best will in the world, this mind-boggling cost cannot be justified except in the context of a binding global carbon reduction agreement? Therefore, in the absence of such an agreement being secured at Cancun, does he not agree that it is only commonsense to suspend the Climate Change Act until such time as a binding global agreement is secured?

[Lord Marland]

My Lords, when I bumped into my noble friend in the Corridor and he said that he was catching the train to York I was rather relieved. Sadly, he will be catching a slightly later train than I was hoping for. I have now forgotten entirely what his question was.