The UK Renewable Energy Association (REA) has welcomed the Government’s confirmation that the Fourth Carbon Budget – setting greenhouse gas emissions limits for the period 2023 to 2027 – will be set in line with the advice of the Committee on Climate Change and the target in the Climate Change Act of an 80% reduction in emissions by 2050 (compared to 1990 levels)
REA Chief Executive Dr Nina Skorupska said :“The decision to keep the Fourth Carbon Budget in line with the CCC’s advice is very good news for the green economy and the pursuit of a sustainable future.
“This decision puts independent expertise and long-term thinking ahead of the possible lure of political point scoring. Across renewable power, heating and transport fuels, investors need certainty that when it comes to the low carbon economy, the Government is in it for the long-term.”
The move was supported by the CBI, where Nicola Walker, Director for Business Environment, added: “The priority now must be to ensure a successful conclusion to negotiations across Europe on a robust but credible emissions reduction target so that our climate ambitions are aligned.”