Green Climate Fund Debate

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Lord Lawson of Blaby

Main Page: Lord Lawson of Blaby (Conservative - Life peer)

Green Climate Fund

Lord Lawson of Blaby Excerpts
Monday 27th October 2014

(9 years, 7 months ago)

Lords Chamber
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Baroness Verma Portrait Baroness Verma
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The noble Baroness is right. The fifth assessment report has concluded that, and many around your Lordships’ House recognise that. It is not just about Back-Benchers on my side; it is about ensuring that we deliver an informed debate, and perhaps thus far that debate has not really taken place.

Lord Lawson of Blaby Portrait Lord Lawson of Blaby (Con)
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My Lords, I echo my noble friend Lord Teverson in welcoming the agreement reached within Europe the other day because it was clearly non-binding, as the noted energy expert Nick Butler has pointed out in an excellent article in today’s Financial Times. It is non-binding in two ways: it applies to the European Union and not to any of the member states, where decisions are in fact taken; and it is explicitly open to review in the light of the forthcoming global conference on these matters.

Baroness Verma Portrait Baroness Verma
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My noble friend is absolutely right: that it is not a binding target. However, in the UK we have not been under binding targets before but have managed to ensure that our uptake of renewables has increased. We have almost doubled our renewable energy sources since coming into government in 2010. It does mean that we have an agreement now from 28 members, all agreeing that the targets, being non-binding, enable each member state to be free and flexible in how it reaches those targets.