Industry reaction to today's landmark report from the Committee on Climate Change, which recommends a 2050 target date for the UK's economy to become greenhouse gas-free.
The UK could end its contribution to global warming by phasing out greenhouse gas emissions by 2050, the Committee on Climate Change (CCC) has said, a target which would drive a revolution in the country’s power system.
The global energy transition could create financial benefits worth as much as US$160 trillion by 2050, the International Renewable Energy Agency (IRENA) has said.
Soaring renewables required under the UK’s binding climate change targets will send wholesale power prices crashing and fundamentally alter the workings of the power sector towards wider use of ‘capacity contracts’.
Committee on Climate Change (CCC) chair Lord Deben has this week urged the government to be more ambitious on electric vehicles as a matter of urgency and, crucially, bring forward the proposed phase-out of conventional vehicle by five years.
Rapid, far-reaching and unprecedented change is required to limit climate change to 1.5C, the Intergovernmental Panel on Climate Change (IPCC) has warned.
The Committee on Climate Change (CCC) has rebuked the government for failing to deliver a pipeline of decarbonisation policies across several sectors, stressing that the time for it to address climate matters is running out.