CCC urges government to consider date for carbon intensity target – 27 February 2013
The CCC urges government to seriously consider a further amendment to set the carbon intensity target in 2014. This would address widely-raised investor concerns and provide more confidence that there will be good value for money from the levy control framework funding. There remain significant advantages to setting a carbon intensity target committing to early power sector decarbonisation in secondary legislation now. Early decarbonisation is economically sensible compared to the alternative of a dash for gas through the 2020s.