Energy and climate change

Ralf Martin, Petra Sarapatkova and Dennis Verhoeven

CEP Election Analysis Papers from Centre for Economic Performance, LSE

Abstract: UK greenhouse gas (GHG) emissions are declining and have been declining for some time. As of 2018, the UK emitted 449 million tonnes of CO2 equivalent (tCO2e). That corresponds to a reduction of 43% relative to 1990 levels, which should make it easy to meet the 2020 target of a reduction of 37%. Moreover, the UK has a framework of long-run targets developed by the Committee on Climate Change, an independent body of experts advising government. At present, this requires a reduction of 51% by 2025 and 57% by 2030. In addition, shortly before resigning as prime minister, Theresa May introduced a so-called 'net zero' target, requiring a reduction of emissions to (net) zero by 2050.

Keywords: greenhouse gas emissions; committee on climate change; offshore wind power (search for similar items in EconPapers)
Date: 2019-11-29
New Economics Papers: this item is included in nep-ene, nep-env and nep-reg
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Persistent link: https://EconPapers.repec.org/RePEc:cep:cepeap:054

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