Carbon Emissions: Offsetting

Part of the debate – in the House of Lords at 2:45 pm on 19 June 2007.

Alert me about debates like this

Photo of Lord Dixon-Smith Lord Dixon-Smith Shadow Minister (the Environment), Environment, Food & Rural Affairs 2:45, 19 June 2007

My Lords, I am grateful to the Minister for his response, particularly the information about a code of practice. At present, this part of the carbon trading market is effectively unregulated and some of the schemes promoted are of very dubious environmental value. Do the Government agree that it is right that a British business should be able to purchase certificates in this market to the point where it can claim carbon neutrality when it might not have reduced its carbon dioxide emissions at all?