25.07.2014 - No change to the UK’s fourth carbon budget
UK Secretary of State for Energy and Climate Change, Edward Davey, has announced that the government will not be making any changes to the fourth carbon budget. Carbon budgets, legally-binding caps on GHG emissions that last for a period of five years, help to lead the way to the statutory target to reduce emissions by 80% by 2050 from 1990 levels. The fourth carbon budget covers 2023 to 2027, with a 50% emissions reduction aim from 1990 levels. The decision follows a detailed review, which took into account factors such as differing EU Emissions Trading System plans between the UK and other areas of the EU...............................................Full Article: Source
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