Emissions Trading Scheme: Transport

Baroness Blackstone Excerpts
Monday 11th October 2021

(2 years, 6 months ago)

Lords Chamber
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Lord Callanan Portrait Lord Callanan (Con)
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I 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.

Baroness Blackstone Portrait Baroness Blackstone (Ind Lab)
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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?