Part 1Carbon target and budgeting
Limit on use of carbon units
11Limit on use of carbon units
1
It is the duty of the Secretary of State to set a limit on the net amount of carbon units that may be credited to the net UK carbon account for each budgetary period.
2
The “net amount of carbon units” means—
a
the amount of carbon units credited to the net UK carbon account for the period in accordance with regulations under section 27, less
b
the amount of carbon units debited from the net UK carbon account for the period in accordance with such regulations.
3
The limit for a budgetary period must be set—
a
for the period 2008-2012, not later than 1st June 2009, and
b
for any later period, not later than 18 months before the beginning of the period in question.
4
The Secretary of State must set a limit under this section by order.
5
The order may provide that carbon units of a description specified in the order do not count towards the limit.
6
An order under this section is subject to affirmative resolution procedure.
7
Before laying before Parliament a draft of a statutory instrument containing an order under this section in relation to a budgetary period, the Secretary of State must—
a
take into account the advice of the Committee on Climate Change under section 34(1)(b) (advice on use of carbon units) in relation to that period, and
b
consult the other national authorities.