Emissions Trading Scheme: Transport Debate
Full Debate: Read Full DebateBaroness Young of Old Scone
Main Page: Baroness Young of Old Scone (Labour - Life peer)Department Debates - View all Baroness Young of Old Scone's debates with the Department for Business, Energy and Industrial Strategy
(3 years, 2 months ago)
Lords ChamberThe noble Lord makes a good point. The ETS already exists for domestic aviation and aviation to the European Economic Area. There is also a separate scheme developed by ICAO, which he referenced. We will need to look at how we implement that in the UK and its interaction with the UK ETS.
With apologies to Jane Austen, it is a truth universally acknowledged that ambitious action as early as possible this decade is required to reduce CO2 emissions as early as possible. The Minister says that we are moving faster than anyone else, but the Government have stated that the implementation of any expansion to the UK ETS following the first review of the scheme will not happen until 2026. Does he agree that this is far too slow? Can he tell the House why it is utterly unambitious?
As I said in previous answers, we recognise the urgency of taking swift action on climate change. I repeat: we are moving faster than any other G7 country. I accept that the noble Baroness and other Opposition Members would like to be even more ambitious, but we must look at the implications of that on the competitiveness of British industry and the effect on people’s fuel bills, et cetera. These are important matters and we must consider them in the round.