Surplus Carbon Emissions Debate
Full Debate: Read Full DebateDepartment: Department for Energy Security & Net Zero
Lord Lennie
Main Page: Lord Lennie (Labour - Life peer)Department Debates - View all Lord Lennie's debates with the Department for Energy Security & Net Zero
(6 months, 1 week ago)
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Lord Callanan (Con)
There is a degree of truth to what the noble Lord says. I do not characterise it as our having de-industrialised; we have some very successful manufacturing industries in this country, many of them low-carbon industries. Of course, the issue of carbon leakage is important, and it is one reason why we have committed to introducing a carbon border adjustment mechanism; we are currently consulting on the precise make-up of that. However, the noble Lord is right that it is a factor.
Lord Lennie (Lab)
What impact will the Offshore Petroleum Licensing Bill have on our ability to meet future carbon budgets?
Lord Callanan (Con)
As we debated extensively last night, it will have a negligible impact.