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The Low Carbon Economy Ltd

18 May 2011 12:05:03

Government reveals fourth carbon budget



Government reveals fourth carbon budget
The government has taken heed of the advice from the Committee on Climate Change (CCC) in devising its fourth carbon budget.

Between 2023 and 2027, the government has set a target of reducing CO2 emissions by 50 percent on 1990 levels, setting the carbon budget at 1950 MtCO2e.

In addition, the coalition has vowed to continue to lobby the European Union to increase its target from a 20 percent cut to a 30 percent cut, as well as saying it would "revise up" the carbon budget if it was not in line with the rest of Europe after 2014.

Energy and climate change secretary Chris Huhne hailed the budget as providing certainty to investors and proof that the coalition is the greenest government ever.

"Under this carbon budget, Britain in 2027 will be a different place and transformed for the better with warmer homes powered by green energy, many more cars powered by electricity and far less reliance on fossil fuels to drive our economy," he added.

In its response, the CCC said it was "delighted" its advice had been followed, stressing the UK is currently the only country in the world to have made legally binding CO2 reduction targets for after 2020. ADNFCR-1235-ID-800547834-ADNFCR


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