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Climate Change – the Climate Change – the challenge measuring our effortchallenge measuring our effort
88thth April, 2008 April, 2008
Colin Challen MPColin Challen MP
CO2
Time
Contraction
CO2
Time
Contraction
ConvergenceConvergence
Stern Report 2006Stern Report 2006
To avoid a likely 20% cost to GDP through To avoid a likely 20% cost to GDP through climate change damages, we need to climate change damages, we need to
spend 1% GDP on mitigationspend 1% GDP on mitigation
Stern Report 2006Stern Report 2006
To avoid a likely 20% cost to GDP through To avoid a likely 20% cost to GDP through climate change damages, we need to climate change damages, we need to
spend 1% GDP on mitigationspend 1% GDP on mitigation
c.£13.2 billionc.£13.2 billionbut for what result - but for what result - exactly?exactly?
NAO ReportNAO ReportUK Greenhouse Gas Emissions:UK Greenhouse Gas Emissions:
measurement and reportingmeasurement and reporting““The basis on which to report against the UK domestic goal The basis on which to report against the UK domestic goal
of a 20 per cent reduction in carbon dioxide by 2010 is of a 20 per cent reduction in carbon dioxide by 2010 is unclear. This reflects a lack of precision in the way in unclear. This reflects a lack of precision in the way in which the goal was originally defined, the absence of which the goal was originally defined, the absence of clear reporting standards, and insufficient consistency clear reporting standards, and insufficient consistency and co-ordination between departments in presenting and co-ordination between departments in presenting
emissions data. In particular, foreign credits purchased emissions data. In particular, foreign credits purchased under the EU Emissions Trading Scheme now count under the EU Emissions Trading Scheme now count
towards this goal but not towards the UK headline towards this goal but not towards the UK headline indicators for carbon dioxide and greenhouse gas indicators for carbon dioxide and greenhouse gas
emissions or any other National Statistics publications.”emissions or any other National Statistics publications.”
What is to be done?What is to be done?
The Institute of The Institute of Carbon Carbon
AccountingAccounting
The railway transformationThe railway transformation
First passenger railway 1832First passenger railway 1832Railway ‘mania’ began c.1844Railway ‘mania’ began c.1844240 proposals before Parliament, worth 240 proposals before Parliament, worth
£100 million£100 millionBy 1850, around 6,000 milesBy 1850, around 6,000 miles