19 Dec 2008 01:12:37
Low carbon economy needs more ambitious legislation
Achieving 80 per cent carbon emission reductions, compared to 1990, by 2050 is possible but more ambitious policies are required, according to the UK Energy Research Centre (UKERC).
The organisation's models show that on current legislation emissions will be cut by 15 per cent by 2020, falling short of the 26 per cent interim target and achieve only a 40 per cent cut by 2050.
Making more significant cuts, between 60 and 80 per cent by 2050, will require fundamental changes, according to the Pathways to a Low Carbon Economy report.
It recommends decarbonisation of the electricity sector, starting with the deployment of carbon capture and storage between 2020 and 2025. The report claimed carbon capture and storage (CCS) could provide the bulk of a 40 per cent reduction by 2050.
To achieve the desired cuts however, deeper decarbonisation is necessary.
In order to achieve this, larger amounts of low carbon sources will have to be deployed, energy efficiency and demand reduction of 25 per cent in industrial and residential sectors will be required and zero carbon fuel technologies will be needed in transport.
Earlier this month, the Committee on Climate Change also called for the decarbonisation of the energy industry, greater energy efficiency and clean cars.http://tinyurl.com/4dgl45