carbon budget

Related content

The research finds that emissions are likely to be the same levels in 2030 as they are today

Just one country on course to meet 1.5C target, new research warns

Only Gambia is currently on course to deliver climate action that is in alignment with the 1.5C pathway of the Paris Agreement, according to new research from Climate Action Tracker (CAT), which warns that momentum on updating climate targets has stalled.

Shipping is currently responsible for around 3% of global CO2e emissions

UK Government calls for 'absolute zero' emissions goal for global shipping sector

Transport Secretary Grant Shapps has called on the global maritime sector to agree on an "absolute zero" emissions target by 2050, as the UK looks set to host a demonstration week for the future of shipping.

Green policy decisions made this year will affect the climate for decades to come, the report warns

Go beyond net-zero and target net-negative emissions, climate scientists urge

A group of world-renowned climate scientists is arguing that ambitions for reaching net-zero emissions by 2050 will no longer be enough to avoid the worst impacts of global heating, in light of the fact that change is happening more rapidly than predicted.

Just 0.01 of annual GDP is being spent on climate-related initiatives 

UK Government failing on green spending requirements to reach net-zero, WWF warns

The UK Government is not allocating the required spending to reach net-zero emissions by 2050, with new analysis warning that an existing policy gap could add billions of pounds to the total cost of decarbonisation.

edie outlines how businesses can begin to respond to the report in order to accelerate decarbonisation and improve long-term resiliency against a changing climate

5 key corporate net-zero considerations based on the latest IPCC report

The Intergovernmental Panel on Climate Change (IPCC) has issued a report warning that irreversible and unprecedented changes to the planet are being caused by the climate crisis. Here, edie summarises how businesses should respond to the warnings in the new landmark report.

As hosts of COP26, the UK is expected to encourage, or indeed pressure, other nations to submit raised climate action plans ahead of COP26 this November

Almost half of world nations fail to submit updated climate plans ahead of COP26

A little over half of the world's nations have submitted updated climate action plans ahead of the crucial climate summit in Glasgow later this year, with the UK now pressing for the likes of China and India to outline decarbonisation plans.

It is estimated that around £30bn of investment into heat networks will be required by 2050 to meet the net-zero target

SGN and Vital Energi launch joint venture for zero-carbon heat networks

Gas distribution company SGN and UK renewable energy solutions provider Vital Energi have agreed on a new 50:50 joint venture to create an energy services company (ESCO) that will own and operate low and zero-carbon heat networks.

All of the state-owned businesses and major corporates analysed have increased either oil or gas production, or both, since 2014

Report: Oil and gas companies set to eat up 80% of global carbon budget

The oil and gas sector is set to burn through some 80% of the total global carbon budget the world will need to stick to if the Paris Agreement's 1.5C trajectory is to be realised, a major new report has revealed.

Under the most ambitious scenario, the UK would reach net-zero by 2047

2TWh of hydrogen and 37 million EVs: How can the UK reach net-zero emissions?

The National Grid Electricity System Operator (ESO)'s latest Future Energy Scenarios (FES) report has outlined four potential scenarios for decarbonisation in the UK, three of which would see the UK reach net-zero emissions by 2050. Here, edie outlines what is required to meet the legally binding target.

More than 50,000 jobs in carbon-intensive industries would also be safeguarded

UK's carbon capture and storage market could create 50,000 jobs

The UK could become an early mover in the global carbon capture utilisation and storage (CCUS) market and create up to 50,000 jobs if new enabling policies are introduced.

While welcoming efforts to decarbonise the sector, the IPPR notes that only one-third of the bottom 10% in terms of household income own a car

Government urged to prioritise public transport, walking and cycling to reduce emissions

The Government's efforts to decarbonise transport are focusing too much on electric vehicles (EVs) and could fail to provide affordable and clean transport alternatives that cut overall car use, new IPPR analysis has found.

The new body could be supported by organisations like the Environment Agency and CCC, the report states

Accounting, offsetting and sequestering: UK urged to set up carbon regulator on road to net-zero

To ensure that emissions reductions are delivered in line with the Paris Agreement and forthcoming carbon budgets, and that the carbon offsetting and removal markets do not greenwash as they scale, the UK could set up a dedicated regulator.

The new target will become enshrined in law by the end of June 2021

'A credible path to net-zero': Green groups react to UK's Sixth Carbon Budget

The Government will seek to reduce emissions by 78% by 2035 as part of a new Sixth Carbon Budget, a decision that has been welcomed by green groups, although some are calling for more detailed action plans.

The target will become enshrined in law by the end of June 2021

Sixth Carbon Budget: UK to reduce emissions by 78% by 2035

Prime Minister Boris Johnson has agreed to legislate a new target to reduce national emissions by 78% by 2035, including emissions from international shipping and aviation, following the Climate Change Committee's advice on the Sixth Carbon Budget.

The UK government imposed a moratorium on fracking in England in 2019. Scotland and Wales have moratoria in place against hydraulic fracturing.

Fracking ban should continue for UK to meet net-zero, CCC warns

The Climate Change Committee (CCC) has told the UK Government that restrictions on onshore fracking for shale gas must be continued until scientists have a better understanding of its full environmental impact.

It is yet to be confirmed whether the Strategy will be disbanded entirely, or rebranded as part of a new growth plan

Ed Miliband criticises Government decision to 'axe' Industrial Strategy

Shadow Business Secretary Ed Miliband has criticised a decision from the Department for Business, Energy & Industrial Strategy (BEIS) to archive the flagship Industrial Strategy, joining concerns from green groups that the decision could dent business and policymaker relations.

Image: Fairtrade Foundation

Stop offshoring emissions to poorer countries, Fairtrade Foundation urges Government

Almost half of the emissions linked to UK consumption are generated overseas, a new Fairtrade Foundation analysis has revealed, with the organization urging Boris Johnson to do more to support the net-zero transition internationally.

Pictured: An artist's impression of the completed mine. Image: West Cumbria Mining Company 

Cumbria County Council puts plans for controversial coal mine on hold

After much criticism of its decision to approve the UK's first deep coal mine in more than 30 years, Cumbria County Council has confirmed that it will reconsider the move.

More than eight billion allowances changed hands through European markets in 2020, a near-20% increase on 2019 levels

Global carbon market grew 20% in 2020

The valuation of the global carbon market grew 20% in 2020, totalling almost €230bn and the fourth consecutive year of record growth, new research has found.

The research warns that up to 10 million jobs will need to be replaced or retained as part of the net-zero transition

Report: 10 million high-carbon jobs to be retrained or replaced as part of net-zero transition

Research from a new cross-party programme exploring the net-zero transition in the UK has warned that 10 million jobs will either need to be retrained or replaced if the nation is to meet its climate commitments.

Based on the current decarbonisation rate, PwC warns that the century’s global carbon budget would be used up by the end of this decade

Global decarbonisation efforts need to be five times greater to reach 1.5C pathway

Global efforts to combat the climate crisis will need to be five times greater than current levels, with new research warning that the rate that carbon emissions are decoupled from economic growth slowed in 2019.

The Treasury reiterates that net-zero is “essential” in delivering long-term prosperity

Net-zero impact on UK economy to be 'relatively small', Treasury finds

The HM Treasury has published a final report in the build-up to a Net-Zero Spending Review, claiming that the transition to meeting the UK's long-term climate goals could deliver "slightly positive or slightly negative" economic growth for the UK, depending on how decisive policy action is.

The news comes just weeks after it was revealed that English and Scottish local authorities representing one-third of the population have committed to reaching net-zero community emissions by 2045

Councils not confident of reaching net-zero commitments

More than a third of councils in the UK are not confident that they'll be able to meet public commitments to reaching net-zero emissions, with a "black hole" of data hindering efforts on energy efficiency plans.

Green Groups have welcomed the announcement, but more detail is still being required

An 'undisputed urgency to act': Green economy reacts to the Energy White Paper

The Government has unveiled the long-awaited Energy White Paper today (14 December), with green groups welcoming the focus it provides to both job growth and rapid decarbonisation in order to reach net-zero emissions by 2050.

Of the 62 companies analysed, only 23% have plans in place that align with the 2C pathway by 2030

Shipping, aviation and carmakers failing to align with Paris Agreement

The majority of the worlds largest automotive, shipping and aviation companies are failing to deliver emissions reduction plans in line with a pathway to keep global warming to 2°C - let alone 1.5C - new research has found.

CCC chair Lord Deben said many high-emitting industries will need to become "wholly different"

'A game-changer': UK's green economy leaders react to the Sixth Carbon Budget

Green groups and trade bodies have broadly welcomed the Climate Change Committee's Sixth Carbon Budget, headlined by a recommendation to cut annual emissions by 78% by 2035. But they want to see the Government act rapidly and boldly to prove it can deliver.

The CCC recommends that the UK hosts 100GW of offshore wind generation capacity by 2050 

Sixth Carbon Budget: UK will need to cut emissions by 78% by 2035 to meet net-zero

Under the original Climate Change Act, the UK Pledged to cut net emissions by 80% by 2050. Now, it will need to deliver a 78% reduction by 2035 if it is to meet its long-term net-zero commitment.

The CCC will publish its sixth carbon budget this month

CCC pushes Boris Johnson to bolster UK's 2030 climate target ahead of COP26

The Climate Change Committee (CCC) is urging Boris Johnson to commit to reducing the UK's emissions by at least 68% by 2030, through its updated Paris Agreement pledge for COP26.

The letter is supported by SMEs in the green economy and by corporate giants

Business giants urge Boris Johnson to confirm 2030 climate target

More than 75 major businesses have penned an open letter to Boris Johnson calling for an "ambitious", legally-binding, interim climate target to support the transition to net-zero by 2050.

The groups are calling for a fresh emissions goal to be set for 2030

Business groups call on Prime Minister to set Paris Agreement commitment by end of year

A number of green business groups have called on Prime Minister Boris Johnson and the UK Government to set a substantial commitment to the Paris Agreement that is aligned to the nation's own net-zero target.

Sharma was quizzed on the UK's roads programme, green buildings grants and COP26 preparations 

Alok Sharma promises 'joined-up thinking' on net-zero policy, but examples remain scarce

Business Secretary Alok Sharma delivered rhetoric that the Government will approach the net-zero emissions commitment for 2050 through a "joined-up thinking" approach, but was unable to confirm any concrete policy announcements that would ensure fossil fuels aren't locked into the future economy.

Johnson will confirm that the National Infrastructure Strategy will be published this Autumn

Boris Johnson's New Deal for Britain yet to align with green recovery calls

Prime Minister Boris Johnson will announce a multi-billion-pound "New Deal for Britain" that prioritises jobs and infrastructure growth to respond to the economic crash caused by Covid-19, but following months of calls for a "green recovery," the environment is largely absent from the plan.

'Happy Birthday, you haven’t aged a day’: One year on from the UK’s net-zero announcement

It's been one year since the UK's historic net-zero announcement, and the movement is being kept afloat by the corporate sector in a year the has seen policy blindsided by a global pandemic and slowed to a frustrating pace by Brexit.

New analysis from the Energy and Climate Intelligence Unit (ECIU)’s Net-Zero Tracker has found that 53% of global GDP is now covered by an intended or actual net-zero commitment

Race to Zero: COP26 campaign launched to push nations towards net-zero targets

To mark World Environment Day, the UK Government has launched its "Race to Zero" global campaign to mobilise support for the net-zero transition across businesses, cities and nations, with new data finding that 53% of global GDP is covered by a net-zero ambition in some form.

McKinsey notes that allocating funding towards climate action will cut emissions, spur job growth and generate economic returns

'Use it or lose it': Pandemic recovery a decisive moment for climate action

A new report from global analyst firm McKinsey has found that recovery packages from the coronavirus pandemic will be decisive in putting the world on course to meeting the Paris Agreement, calling for low-carbon technologies and solutions to be prioritised.

Two-thirds of the UK’s 460,000 green jobs are located outside London and the South East

MPs call for Just Transition Fund to spur green recovery towards net-zero

A commission of cross-party MPs has added to the calls for the UK to prioritise and deliver a green recovery from the coronavirus pandemic, claiming that £30bn should be spent on a climate-focused recovery that also establishes a £5bn national Just Transition Fund.

The CCC believes that the government can lead a shift to new social norms, including supporting home working and remote medical consultations as well as improved safety for cycling

CCC: Change tax systems to build green economic recovery post-coronavirus

The Committee on Climate Change (CCC) has advised Prime Minister Boris Johnson, COP26 President Alok Sharma and national first ministers across the UK, calling for climate action to be placed at the heart of an economic rebuild following the coronavirus pandemic.

Sharma noted that his department was still pushing the climate agenda during the pandemic. Image: Gov.uk

Alok Sharma: 'Focus has not stopped' on global climate action

The Secretary of State for Business, Energy and Industrial Strategy (BEIS), Alok Sharma had stated that the UK remains focused on preparations for the delayed COP26 climate summit, claiming that nations can't treat the coronavirus pandemic and climate action as an "either-or" scenario.

Stark discusses future carbon budgets, infrastructure strategies, COP 26 and coronavirus recoveries 

CCC boss: Green and resilient economic recovery can push UK towards net-zero target

EXCLUSIVE: The Committee on Climate Change's (CCC) chief executive Chris Stark believes the UK Government should prioritise a green and resilient economic recovery from the coronavirus pandemic that doesn't lock in fossil fuels and puts the nation on an upwards trajectory towards a socially just net-zero transformation.

Advice on the Sixth Carbon Budget, which covers the reduction levels required for the period of 2033-2027 will now be published in December 2020, rather than September

UK's climate watchdog to refocus advisory reports to account for coronavirus impacts on net-zero

The Committee on Climate Change (CCC) has announced it is amending its advisory reports due for publication over the next 12 months to account for responses to the coronavirus pandemic, with a report on the UK's sixth carbon budget pushed back to December.

European Commission President Ursula von der Leyen (pictured) met with Greta Thunberg today

EU debuts climate law 'compass', Greta dismisses it as 'surrender'

The European Commission officially unveiled its Climate Law on Wednesday (4 March), aimed at making the EU carbon neutral by 2050. But Swedish climate activist Greta Thunberg criticised the plan as a "surrender".

Major efforts are taking place to ensure that decarbonisation occurs in both transport and heat

E10 petrol, hydrogen and biomethane: Is the UK on the cusp of low-carbon heat and transport?

As the UK Government consults on a low-carbon fuel mix for petrol stations, two industry associations have called for refined government policy to enable the uptake of hydrogen and biomethane use to help decarbonise heat and transport.

While praising progress to date, the report highlights the gap between current policy results and those needed to meet the fifth carbon budget

Report: UK needs to more than double carbon reductions to hit 2030 climate target

The UK will have to more than double the rate it is currently reducing CO2 emissions in order to meet its 2030 target, despite strong progress in 2019, a report by Carbon Brief has found.

The analysis forecasts inadequate emissions reductions across sectors including energy, transport and the built environment

UK set to breach fifth carbon budget, despite setting net-zero goal

The UK is still set to miss its fifth carbon budget despite the creation of a legally-binding net-zero target for 2050 last year, new analysis has found.

A Drax spokeswoman said the company’s ambition was to be removing, not adding carbon to the atmosphere, by 2030

UK sued for approving Europe's biggest gas power station

The UK government is being sued for approving a large new gas-fired power plant, overruling the climate change objections of its own planning authority.

Since 2011, the global proved reserves of oil and gas have increased

Oil and gas giants must cut production by a third to meet climate targets

The world's largest oil and gas companies must cut combined production by 35% by 2040 if nations are the meet the collective ambitions of the Paris Agreement and limit global warming to below 2C, a new report from Carbon Tracker has found.

The UK has already met its first and second carbon budgets and is on track to meet the third - but off-course to meet the fourth ad fifth. Pictured: The SSE Ferrybridge coal power station

CCC sets sixth carbon budget date, urges Treasury to ramp up net-zero plans

The Committee on Climate Change's (CCC) chairman Lord Deben has confirmed that the body will publish its recommendations for the UK's sixth carbon budget in September 2020.

Image: Wikipedia/Foreign and Commonwealth Office

Prime Minister Boris Johnson to chair Government climate change sub-committee

Prime Minister Boris Johnson has been revealed as the chair for a new Cabinet committee on climate change that will drive progress towards net-zero across all areas of Government.

BA will offset emissions from domestic flights within the UK from 2020

British Airways sets net-zero commitment, plans to offset domestic flight emissions

International Airlines Group (IAG), the parent company of British Airways (BA), has become the first airline group to commit to reaching net-zero carbon emissions by 2050, as BA also announces plans to offset all domestic passenger flight emissions next year.

The facility could become operational in October 2023. Image: Drax

'Risking a carbon budget blowout': UK Government gives go-ahead to Drax gas plant

The UK Government is "risking a carbon budget blowout" by overruling a recommendation from its planning authority in order to give the green light to Drax's large-scale gas power plant, which had been refused on climate grounds.

The initiative is open to businesses of all sizes and sectors. Image: The Climate Group 

New initiative to help business minimise climate impacts of cooling

The Climate Group has launched a new initiative aimed at helping businesses to improve the energy efficiency of their cooling processes and to decarbonise their cooling systems.

Iceland was criticised by Feedback for failing to stock any meat sourced through sustainable certification schemes

UK supermarkets accused of over-producing low-quality meat

Anti-hunger charity Feedback is calling for big-name UK supermarkets such as Iceland, Lidl and Asda to offer "less and better" meat, in order to minimise their climate impacts.

The has UK comfortably remained under its carbon budgets to date, but is off track to meeting the more demanding fourth and fifth rounds

Government defies CCC's carbon budget surplus advice

The cabinet has reportedly defied its own climate change adviser by carrying forward emission reductions, which have already taken place, into its future carbon budgets.

British Airways boss Alex Cruz believes that innovation will spur decarbonisation, but not by focusing on isolated solutions

British Airways boss: No 'silver bullets' for aviation to tackle climate change

EXCLUSIVE: The chief executive of the second-largest UK airline has insisted that the company remains "hell-bent" on upscaling innovation to promote sustainability, but also believes that a plethora of collaborative solutions will be needed for the industry to effectively tackle climate change.

'You did not act in time': Greta Thunberg's full speech to MPs

Read the full text of the speech Greta Thunberg gave to MPs at the Houses of Parliament, originally hosted by the Guardian.

The UK has already met its first and second carbon budgets and is on track to meet the third. Pictured: The SSE Ferrybridge coal power station

UK forecast to miss fourth and fifth carbon budgets

The UK is on course to breach its fourth and fifth carbon budgets by 139 and 245 million tonnes of carbon dioxide equivalent (MtCO2e) respectively, according to the latest forecast from the Department for Business, Energy and Industrial Strategy (BEIS).

A coal-fired power station in Pocerady, Czech republic. The UK is rapidly replacing such stations with gas-powered facilities by 2025

UK carbon emissions fall for record sixth year

CO2 emissions have fallen for a sixth consecutive year - the longest continuous decline since records began - according to new data provided by the Government.

The second carbon budget was met with emissions of 384 MtCO2e (14%) below the level of the budget

CCC advises government against rolling over carbon budget surplus

The Committee on Climate Change (CCC) has issued "unequivocal advice" to the government not to carry forward an emissions surplus from the second carbon budget to subsequent accounting periods.

The call to action has been sent to Domino's, McDonald’s, Chipotle, Yum! Brands, Restaurant Brands International and Wendy’s

Investors press fast food giants to 'urgently' improve supply chain sustainability

A coalition of investment firms with more than $6.5trn in assets under management have called on six of the world's largest fast food companies to take more ambitious action to tackle the climate and water risks within their supply chains, as a "matter of urgency".

10 years on from the Climate Change Act, how far have we come?

The first line of the Climate Change Act passed in 2008 reads "it is the duty of the Secretary of State to ensure that the net UK carbon account for the year 2050 is at least 80% lower than the baseline".

Interface, Unilever and Coca-Cola among business leaders calling for UK net-zero emissions target

The chief executives of major UK-based companies including Interface, Coca-Cola European Partners and Unilever have called for Prime Minister Theresa May to set legally binding targets that ensure the UK reaches net-zero emissions by 2050 at the latest.

Net zero emissions review may prompt changes to existing carbon budgets

Claire Perry has confirmed that the already agreed carbon budgets may be amended in response to the Committee on Climate Change's (CCC) net zero emissions review.

World has no capacity to absorb new fossil fuel plants, warns IEA

The world has so many existing fossil fuel projects that it cannot afford to build any more polluting infrastructure without busting international climate change goals, the global energy watchdog has warned.

Climate watchdog 'surprised' by carbon budget review restrictions

Claire Perry's instruction that the upcoming review of the UK's carbon emissions reduction framework should not cover pre-2032 targets was a "surprise" to the climate change watchdog, its chief executive has admitted.


Suggested keywords