The CCC has welcomed the Government’s acceptance of their carbon budget targets, which, if successful, will see a 34% reduction in emissions of greenhouse gases by 2020. The Government also confirmed that they will not purchase offset credits up to 2020 to meet the budgets, ensuring that real action to tackle climate change happens within the UK.
Responding to the budget, Chair of the CCC, Lord Adair Turner said:
“It is now important that this first step is followed by action. If the targets are to be met, we need to start reducing our emissions now and we need tough policies and strong leadership from Government to ensure that we can start building a low-carbon economy. We will provide a detailed assessment of Government strategy and the set of actions required to deliver a low carbon economy in our September report to Parliament.”
Read the press release.