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Securing the UK's Energy and Climate Future: Energy Bill 2015-2016

Description:

The following briefing note explains the benefits of a Carbon Certificate scheme. This also includes an amendment suggested to propose this different approach in the current Energy Bill [House of Lords] 2015-2016.

The authors argue their proposal merits serious attention if we are to both maximise the economic output of the North Sea natural resources and at the same time meet our legally binding emissions reduction targets under the Climate Change Act. The authors are actively briefing members of both Houses on the benefits of such a scheme.

A probing amendment to initiate discussion of this idea will be put forward on Wednesday, 9 September 2015, by Lord Oxburgh and Baroness Worthington.

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Authors:

Cameron Hepburn
Myles Allen

Type: Briefing