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Emissions Trading Scheme

Volume 708: debated on Wednesday 4 March 2009

Question

Asked by

To ask Her Majesty's Government what specific support they will give to the United Kingdom Chamber of Shipping's initiative to secure a global emissions trading scheme. [HL1672]

The Government have always stated a preference for a global emissions trading scheme and we are actively pursuing this option in the International Maritime Organisation. We welcome the support from the chamber to achieve this outcome and its framework proposal is a very useful contribution. However, if a consensus cannot be reached on a global approach, we will support a EU maritime emissions trading scheme as a building block towards a global deal and we would welcome the support of the chamber on an EU approach.