PERSONAL CARBON TRADING

at end add `expresses surprise at the failure of some Liberal Democrats to notice the increases the Chancellor has provided to the Warm Front Programme, the success of the Energy Efficiency Commitment in providing Home Insulation and Green Landlords Scheme and Decent Homes Standard all taking millions out of fuel poverty; notes that the wealthy have higher overall energy consumption than the poor and that personal carbon allowances offers an equitable approach to carbon budgeting, applying an overall cap on emissions in a way taxation does not; calls for a more progressive and sophisticated approach to the urgent need to reduce emissions, utilising all measures including regulation, tax and incentives, but within a framework of carbon budgeting as introduced in the Climate Change Bill; and further notes that simply relying on taxes without careful thought can be regressive, ineffective and allow the wealthy to pay to pollute, which is neither liberal nor fair'.