Carbon Budgets, Volume 1
The Stationery Office, Jan 11, 2010 - Business & Economics - 47 pages
This report finds that the Government is only on track to meet its first carbon budget because of the impact of the recession. There is now a worrying shortfall in delivery; UK emissions are currently falling by only about 1 per cent per year, instead of the 2-3 per cent per year which is needed. The management of the carbon budget is as vital as that of the fiscal budget and requires the same level of political attention, civil service commitment, and parliamentary scrutiny. Although the scientific case for more stringent targets is growing, the Government should focus on making more rapid progress against its existing budgets. The Government must first deliver the carbon savings promised in its Low Carbon Transition Plan, then urgently bring forward new measures to increase the rate at which emissions are falling to 2-3 per cent per year and then move to tighten carbon budgets and increase the 2020 target for reducing emissions to a cut of 42 per cent on 1990 levels by 2020. The Committee is also calling on the Government to: work in international climate negotiations on getting emissions to peak as soon as possible; secure competitive advantages for the UK in emerging markets for low-carbon technologies by being prepared to move unilaterally; monitor the latest science and start planning the options available for reducing emissions further and faster in case the scale of the crisis demands bigger cuts; put the right regulatory framework in place to ensure that we do not wrongly invest in high-carbon infrastructure.
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The UKs domestic targets and budgets
Delivering the carbon budgets
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Assessment Report capita emissions carbon budgets carbon dioxide carbon price Carbon Transition Plan Challenges & Decisions Change Act 2008 Change's Climate Change Act Climate Change Bill Committee on Climate concentration of greenhouse contraction and convergence contribution to tackling Copenhagen March 2009 cost deal on climate DECC developed countries domestic action economic Energy and Climate energy efficiency ensure Environmental Audit Committee Global Commons Institute global deal Global Risks global temperature Government's greenhouse gas emissions greenhouse gases held in Copenhagen http://climatecongress.ku.dk/pdf/synthesisreport impact increase intended budget IPCC IPCC's Kevin Anderson levels low carbon economy Low Carbon Transition low-carbon economy Met Office MP Labour offset credits Oral evidence taken Paragraph policy framework political price of carbon progress report recommended reducing emissions Report from Climate scientific sector step change Stern Review Synthesis Report tackling climate change targets and budgets targets for reducing tonnes UK emissions UK's contribution UK's targets University of Copenhagen