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UK Decides Against Emissions Surplus Rollover

EMISSIONS
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The UK government announced to not carry over the 15% emissions surplus from the third carbon budget in order to achieve the country’s net zero target in 2050, the government said on Tuesday.

  • “By deciding not to carry forward our over-performance from the third carbon budget, we are doubling down on our commitment to reach net zero, and we’re already halfway there,” Energy Security and Net Zero Minister Justin Tomlinson said in a statement.
  • The government outperformed the required emissions cut by 15% during the third budget, which runs from 2018-2022, and could have rolled over the surplus cut to help meet the 2023-2027 fourth budget.
  • The Climate Change Committee warned in February against using the surplus saying it could weaken efforts to curb emissions.
  • “We’ve cut our emissions by half since 1990. The next big challenge is to hit the UK’s 2030 target, which is to decarbonise by 68% against 1990 levels”, it said.
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The UK government announced to not carry over the 15% emissions surplus from the third carbon budget in order to achieve the country’s net zero target in 2050, the government said on Tuesday.

  • “By deciding not to carry forward our over-performance from the third carbon budget, we are doubling down on our commitment to reach net zero, and we’re already halfway there,” Energy Security and Net Zero Minister Justin Tomlinson said in a statement.
  • The government outperformed the required emissions cut by 15% during the third budget, which runs from 2018-2022, and could have rolled over the surplus cut to help meet the 2023-2027 fourth budget.
  • The Climate Change Committee warned in February against using the surplus saying it could weaken efforts to curb emissions.
  • “We’ve cut our emissions by half since 1990. The next big challenge is to hit the UK’s 2030 target, which is to decarbonise by 68% against 1990 levels”, it said.