#13: Climate Change Bill

November 13, 2008
by phil
Tweet about this on Twitter0Share on Facebook0Share on Google+0Share on LinkedIn0Share on Reddit0Email this to someone
Play

300-350_13_thumbnail_don801As a result of a massive civil society campaign, the UK will soon pass historic legislation which will bind the government to reducing greenhouse gas emissions by 80% by 2050. However a major loophole remains which threatens the credibility of the Bill – there is no limit on the amount of international credits the UK can buy up in order to meet this target. Will this loophole be closed before the law is given Royal Assent?

Featuring:

  • Eliot Whittington (Christian Aid)
  • Martyn Williams (Friends of the Earth)
  • Steve Webb MP (Liberal Democrats)
  • Dr Alice Bows (Tyndall Centre)

It is clear that we need to display greater commitment to tackling climate domestically if we are to have a credible voice in international negotiations. The leadership demonstrated in the commissioning of the Stern Review and bringing forward the Climate Change Bill is in danger of being undermined by policies such as airport expansion plans or an over-reliance on international credits in meeting domestic emission reduction commitments – Environment Audit Committee, July 2008

We urge caution about the use of international carbon credits. The argument that a tonne of carbon reduced abroad is the same as a tonne of carbon reduced at home is an over-simplification of a complex issue. Permitting the use of too many international carbon credits will drive down the cost of carbon, but this will also make renewables and air pollution targets more expensive to reach and potentially slow down the long term shift to a low-carbon economy in the UK – Environment Audit Committee, July 2008

It looks like between one and two thirds of all the total CDM offsets do not represent actual emission cuts – David Victor, Stanford University

Leave a Comment