In a letter to a newspaper yesterday the peers, including Labour lords Whitty and Puttnam, and both opposition spokesmen on energy and climate change Lords Taylor of Holbeach and Lord Teverson, said: “Relying sufficiently on emission reductions which take place overseas could influence long-term investment decisions here in the UK, particularly in the power sector, locking the country into high carbon economy for years to come, when the overwhelming need is to tackle climate change, develop clean technologies and benefit from the growth in green jobs.” The amendment says it will set a limit on carbon units it would be allowed to buy from abroad after “taking into account” the advice of the independent Committee on Climate Change.
| tags carbon trade | uk | 21 Nov 2008 | ∞ link comments (view)

