Mr. Sebastian Barnes:

These processes would ideally be all integrated so that one would have a consistency with it. If there is a carbon budget, the financial budget is about public money is used and where the revenue comes from, but the carbon budget is how a country's carbon allocation is used. All of this needs to be consistent and that is what is, in a way, missing. At the moment we need this longer term view and this consistency between these different aspects. From our perspective on the council, progress needs to be made on understanding what the fiscal implications are of climate change. It is very important and needs to be factored in to these things in a much better way than it is today.