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 |