Pre-Budget Report 2006

My Lords, I am always astonished when anybody talks about the year 2100. In 1900, they thought that coal was going to run out and we would freeze for the next century. I find it nonsensical to talk about what will happen 100 years ahead. You can see 30 years ahead. There will be some climate change—it is most likely—but we will be nothing like as seriously affected as many other countries. We should not be at the forefront; we should support other people but not act on our own.