Government responds to Committee on Climate Change and delivers record investment in energy infrastructure by 2020
The UK is on track to reduce emissions by 34% by 2020 as a result of Government reforms to move to a low-carbon economy. Secretary of State, Edward Davey, today set out the Government’s assessment of progress made in reducing emissions across each sector of the economy, and formally responds to each of the Committee on Climate Change’s recommendations.
The UK is the first country in the world to provide investors with certainty over funding levels for low-carbon generation through to 2021, and today Government published for consultation details of how its reforms to the electricity market will be implemented.
This will bring on new low-carbon forms of power generation including from renewables, new nuclear and gas and will make a major contribution to meeting carbon budgets. Record levels of investment have already been made by the private sector in new energy infrastructure with an estimated £35 billion invested since 2010, and it is estimated that a further £110bn is needed between now and 2020.
- Find the full press release and the reports on GOV.UK