Fifth carbon budget

DEFINITION: The UK Government has set five-yearly carbon budgets which currently run until 2032. They restrict the amount of greenhouse gases the UK can legally emit in a five-year period. The UK’s Fifth carbon budget aims to limit the annual emissions to 57% below 1990 levels by the year 2032.

See also: Carbon budget

Related items

Adrian Gault believes the business community has waited for too long for a clear direction on the low-carbon economy from Westminster

Government must seize economic opportunity of low-carbon innovation, says climate adviser

EXCLUSIVE: The UK Government must invest in low-carbon innovation now or risk significantly raising the cost of meeting the fourth and fifth carbon budgets, the chief economist of the Committee on Climate Change (CCC) has told edie.

Labour's Alan Whitehead labelled the Conservatives' delayed release of the Clean Growth Plan

Shadow Energy Minister slams 'deplorable' delay of Clean Growth Plan

EXCLUSIVE: The continued delay of a long-term strategy to decarbonise the UK is a matter of "considerable shame" for the Government, according to Labour's Shadow Energy & Climate Change Minister Alan Whitehead.

The Committee on Climate Change (CCC) warns that “it is no longer justified or wise” to delay publication of the long-awaited Clean Growth Plan

Further delay of climate plans could derail UK's low-carbon shift, warns CCC

Ministers could derail the UK's low-carbon transition unless they deliver urgent new plans to reduce emissions across the country, the Government's independent climate advisory body has warned.

Policy Exchange has called upon Ministers to develop a technology-neutral strategy that involves new technologies such as hydrogen and natural gas vehicles

Policy Exchange: Government must act to stem £170bn loss in fuel duty tax receipts

The Government must consider how it will recover a forecasted £170bn hole in lost fuel duty tax receipts if the UK remains on course to hit the energy targets set out in the Fifth Carbon Budget, a new report from think tank Policy Exchange has warned.

The inaugural league table was published this week, using data from January to March, and placed British Airways, Aer Lingus and Etihad Airways at the top of the rankings

Heathrow expands airline league table to incentivise emissions reductions

The 50 busiest operating airlines at Heathrow Airport are being incentivised to reduce emissions and noise in their operations through a new public ranking system.

(From left to right): Lib Dem environment spokesperson Baroness Parminter, Resource Minister Thérèse Coffey, event chair Clive Anderson, Shadow Secretary for International Trade  Barry Gardiner, and Green Party London Assembly member Caroline Russell

Greener UK debate: Parties trade blows over environmental ambitions ahead of election

Environmental representatives from the UK's major political parties clashed last night (30 May) over international climate change leadership and other key green policy issues at a General Election hustings event in London.

As part of its response, the Government revealed that it will publish an Aviation Strategy white paper in 2018 as part of a broader aviation commitment

MPs criticise Government over carbon 'fantasy' for Heathrow expansion

The Environmental Audit Committee (EAC) has criticised the UK Government for refusing to commit to air quality targets in relation to the third runway expansion, labelling the associated carbon calculations as a "fantasy".

BEIS representatives Nick Hurd, Greg Clark and Jesse Norman appeared before the BEIS Committee in Parliament today

UK Clean Growth Plan in 'holding pattern' after snap election announcement

Climate Minister Nick Hurd has said the release of the UK's long-awaited Clean Growth Plan is now in a 'holding pattern' of new policy frameworks following Prime Minister Theresa May's decision to seek a snap general election.

The letter calls on the BEIS to “take advantage of the expertise and support of business” by launching a consultation on the plan

ClientEarth challenges Government to publish delayed emissions strategy

Environmental law firm ClientEarth has written to climate minister Nick Hurd, challenging him to outline timeframes for the delayed emissions reduction plan and launch a consultation to engage with businesses on the matter.

The report warns that CCS and nuclear - such as the Dukovany plant (pictured) - offer limited growth prospects compared to renewables

Europe's energy giants set to overshoot Paris Agreement 'carbon budget'

Europe's major utilities companies are "locked" into high emission projects, placing €14bn of earnings at risk unless they realign strategies with the goals of the Paris Agreement, a new CDP report has found.

Even under a worst-case scenario of the outlined transition, the report still expects GDP to grow by 0.6%

Energy transition of 'exceptional scope' can unlock $10trn annually

Global energy-related carbon emissions can be reduced by 70% by 2050, generating $10trn a year in benefits, if countries ramp-up national commitments to reach the goals of the Paris Agreement, a new report has found.

Cheaper gas has seen emissions from that area rise by 12.5% as a result, and emissions from oil also increased by 1.6%

UK carbon emissions fall by 5.8% in 2016, analysis finds

A huge decline in coal use saw national carbon emissions in the UK fall by 5.8% in 2016, reaching its lowest recorded levels in almost 100 years, analysts have claimed.

The Environmental Audit Committee (EAC) is “deeply disappointed” with the Treasury’s inaction to adequately factor in long-term sustainability risks into its decisions

MPs 'deeply worried' about gaps between UK climate targets and policy delivery

The Department for Business Energy and Industrial Strategy (BEIS) Committee has expressed its concern over the gaps between the UK's decarbonisation ambition and current policymaking, on the same day that the Treasury faced criticism from MPs for failing to improve its approach to environmental sustainability.

The Government told the EAC that it intends to base its carbon policy for the runway on scenarios that use assumptions about passenger use and demand

Report: Heathrow expansion will create a 'black hole' in future carbon budgets

The UK Government's lack of commentary on how it plans to mitigate the environmental impacts of the third runway expansion at Heathrow Airport could create a "black hole" in future carbon budgets, a new report has warned.

The current downward trend in emissions has placed the UK on track to surpass its second carbon budget, which requires a 29% reduction in emissions below 1990 levels

Coal phase-out sees UK emissions tumble by 4%

A fall in coal use, and subsequent rise in renewables and nuclear electricity sources, has been listed as a prime driver in the UK registering a 4% decline in carbon emissions in 2015, figures from the Office for National Statistics (ONS) have revealed.

Nick Hurd has said that the Government will address carbon performances in the upcoming Emissions Reduction Plan, which the Climate Minister claimed would be released in the next few months

Nick Hurd: Brexit offers the flexibility to strengthen Britain's decarbonisation commitments

Climate Change Minister Nick Hurd has insisted that Brexit will give the UK the opportunity to look at the low-carbon transition through a "prism of national interests" that could lead to significant economic growth, but only if the Government can overcome multiple "difficult challenges".

The report praised past and existing UK Governments for creating strong policies for renewables, but noted that “unexpected” policy changes had stunted confidence in the sector

Green groups call for 'bold' Government action to ignite UK's low-carbon transition

The UK Government can embed a "world class" low-carbon environment that could mobilise significant investment streams, but only if current policy gaps and mixed legislative signals are addressed with "bold" action.

Sir David King expressed optimism about the opportunity to build on the momentum of the Paris Agreement's ratification

Sir David King: Businesses must ensure infrastructure investment is fit for purpose

EXCLUSIVE: The UK's Special Representative for Climate Change Sir David King has stressed the "critical" importance that the private sector matches the Government's climate obligations by investing in infrastructure "fit for purpose" in the transition to a low-carbon economy.

Chisholm claimed that the new department would be better prepared to “repair” financing mechanisms to accelerate the low-carbon transition

BEIS aims to rollout emissions reduction plan in February

The permanent secretary for the Department for Business, Energy and Industrial Strategy (BEIS) Alex Chisholm revealed that he expects an emissions reduction plan to be published by the end of February 2017.

Meeting the UK’s Climate Change Act and living up to the Paris Agreement will require new and renewed green policies through the 2020s

Climate watchdog calls for 'concrete green policy action' amidst Paris Agreement and Brexit

Britain's green policies must be preserved or strengthened post-Brexit and a credible new strategy on low-carbon heat must be delivered as soon as possible, but it is still too early for the Government to adopt stricter targets for tackling climate change in line with the soon-to-be-ratified Paris Agreement, the Committee on Climate Change (CCC) has said.

ClientEarth states that the Government has failed to correct its course after admitting five years ago its policies would miss emissions targets by 187Mt CO2

ClientEarth: UK in breach of law over 'dangerously neglected' Climate Change Act

The UK Government must "revive" the Climate Change Act or face the "real risk" of missing future carbon budgets, environmental law firm ClientEarth has claimed.

edie has heard from more than a dozen leading environmental figures who have exclusively revealed their biggest green policy hopes and expectations for the next few months

What we want from BEIS: a wishlist for the green economy - Part one

EXCLUSIVE: In the first of a two-part feature, edie speaks to the sustainability professionals, politicians, businessmen and environmental activists working across the green economy to find out they want to see from the Government in this new Parliamentary session.