Britain Looks to Carbon Markets From China to Canada Amid Brexit
- U.K. should maintain status as climate leader: Lords report
- Replacing funding provided by EIB will be a challenge
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Britain should consider linking with China or California on climate policy and emissions trading after leaving the European Union, according to a panel of lawmakers.
“Repatriating environmental law to the U.K. will be an immensely complicated task,” said Robin Teverson, chairman of the House of Lords EU Energy and Environment Sub-Committee. “We are not convinced that the government has yet found a way to deliver the continuity of environmental protection that we all want to achieve.”