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The Low Carbon Economy Ltd

08 Mar 2011 12:03:07

Government launches Carbon Plan

Government launches Carbon Plan
Key changes needed in the UK to combat climate change have been outlined in the government's new Carbon Plan.

Launched by prime minister David Cameron and deputy prime minister Nick Clegg, the document is said to focus on the opportunities presented by the low carbon economy, meeting CO2 reduction targets and promoting international action.

The plan, which is currently in its draft form, claims three key changes are needed in the UK. A move away from generating power from fossil fuels, a change in the way buildings are heated and a shift in the way in which people travel.

It also includes a number of deadlines, including the creation of a carbon floor price by April 2011, the Green Investment Bank becoming operational by September 2012 and a number of CO2 cuts.

The first carbon capture and storage demonstration project must also be awarded by the Department of Energy and Climate Change by the end of this year, with further sites identified by May 2012.

Prior to the announcement of the Carbon Plan, energy and climate change secretary Chris Huhne said the case for green energy was being made stronger by the rise in oil prices caused by unrest in the Middle East.  ADNFCR-1235-ID-800448603-ADNFCR

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