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The Low Carbon Economy Ltd

16 Oct 2008 05:10:47

Miliband raises emissions target



Miliband raises emissions target
The government has raised the target for cutting carbon dioxide emissions by 2050 from 60 per cent to 80 per cent.

Ed Miliband, the newly appointed secretary of state for Energy and Climate Change, made the announcement today.

In his first speech to parliament in his new role he announced that the government would follow the advice of the Committee on Climate Change and add the higher target to the Energy Bill.

To achieve the loftier goal, Mr Miliband announced a raft of measures, including offering guaranteed premium-rates for renewable electricity generated on a small scale.

So-called feed-in-tariffs have been credited with helping speed the adoption of microgeneration technologies such as solar panels and wind turbines in other countries, notably Germany.

Mr Miliband said that the Renewables Obligation Certificate scheme brought in to incentivise large-scale renewable generation was working.

"I also believe that complementing the renewables obligation for large-scale projects, guaranteed prices for small-scale electricity generation, feed-in tariffs, have the potential to play an important role, as they do in other countries," he added.

http://nds.coi.gov.uk/Content/Detail.asp?ReleaseID=381477...


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