The Fourth Carbon Budget Review – part 2: the cost effective path to the 2050 target (December 2013), is the second document of a two-part review of the Fourth Carbon Budget, which covers 2023 to 2027. The Fourth Carbon Budget, agreed by the Government in June 2011, was scheduled to be reviewed in 2014. The first part of the review is available here: The Fourth Carbon Budget Review – part 1: assessment of climate risk and the international response (November 2013).
According to the Climate Change Act 2008, carbon budgets can only be altered if there is a significant change in circumstances upon which the budget was set. Any such change in circumstances must be demonstrated through evidence and analysis.
The Fourth Carbon Budget Review – part 2 considers the impacts of meeting the 2023-2027 budget. The review:
- concludes that the impacts are small and manageable, and
- identifies broader benefits associated with meeting the fourth carbon budget, including: improved energy security, improved air quality and reduced noise pollution.
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- Review of the impacts of carbon budget measures on human health and the environment (by Ricardo-AEA) and accompanying data sheets
- Analysis of the air quality impacts of potential CCC scenarios (by Imperial College London)
- Pathways to high penetration of heat pumps (by Frontier Economics & Element Energy)
- Public Dialogue Report (by Science Wise & Hopkins Van Mil)
- Updating and extending industry carbon budget trajectories (by Ricardo-AEA)
- Review of potential for carbon savings from residential energy efficiency (by Element Energy and Saving Trust)
- Pathways to high penetration of electric vehicles (by Element Energy, Ecolane and University of Aberdeen)
- Infrastructure in a low-carbon energy system to 2030: Carbon capture and storage (by Element Energy)
- Infrastructure in a low-carbon energy system to 2030: Transmission and distribution (by Element Energy and Imperial College)
- Infrastructure in a low-carbon energy system to 2030: Demand side response (by Element Energy and Grid Scientific)
Technical report – sectoral analysis of the cost-effective path to the 2050 target (December 2013)
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- Chapter 1 – exhibits
- Chapter 2 – exhibits
- Chapter 3 – exhibits
- Chapter 4 – exhibits
- Chapter 5 – exhibits
- Chapter 6 – exhibits