Today the Intergovernmental Panel on Climate Change (IPCC) published its Special Report on ‘Global Warming of 1.5°C’. Mike Thompson, Head of Carbon Budgets at the Committee on Climate Change (CCC) reflects on the report and what it means for the Committee’s next phase of work.
At over 200 pages, Professor Dieter Helm’s review of the cost of energy to UK businesses and households is wide-ranging. It covers many issues that fall firmly within our remit (such as the costs of decarbonising the UK’s electricity supply) and others that don’t (such as electricity network regulation and energy retail tariffs).
Between now and the end of June the “fifth carbon budget” must be written into law by Parliament. The budget will set the cap on UK emissions for the period 2028-2032. By law it must be legislated within the next three months but, like all budgets, its content is subject to discussion and debate. The […]