The impact of uncertainties on the UK's medium-term climate change targets

Jim Watson, Rob Gross, Ioanna Ketsopoulou and Mark Winskel

Energy Policy, 2015, vol. 87, issue C, 685-695

Abstract: The UK is committed to ambitious medium- and long-term climate change targets, including a commitment to an 80% reduction in emissions from 1990 levels by 2050. Whilst emissions have fallen significantly since 1990, further reductions will be increasingly difficult to achieve. The government has agreed carbon budgets to the late 2020s that are consistent with the long-term 80% target. However, increasing energy prices since the mid-2000s and the 2008 financial crisis have led to cracks in the political consensus in support of these budgets and targets.

Keywords: Uncertainty; Energy policy; Energy strategy (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (7)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:87:y:2015:i:c:p:685-695

DOI: 10.1016/j.enpol.2015.02.030

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