Submission to the Environmental Audit Committee into the role of carbon markets

WDM’s submission to the Environmental Audit Committee’s inquiry into the role of carbon markets in preventing dangerous climate change. The focus here is on the following issues: “prospects for the success of Phase III of the EU Emissions Trading Scheme (ETS)”, “the robustness and effectiveness of "offset" schemes”, “effects of the expansion of the EU ETS to encompass aviation”, “the relationship between emissions credits and the UK carbon budgets set up under the Climate Change Act” and “transparency of and justification for counting the purchase of emissions credits...as decreasing emissions from the UK”.