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Ed Davey

UK Carbon Budget Stands

The UK government will keep its goal to cut carbon emissions in half by 2027 from 1990 levels. The decision not to amend the carbon budget, which covers the period from 2023 to 2027, “reflects the views of the vast majority of businesses, investors and environmental groups,” Ed Davey, UK … Read more »

coal power plant

Carbon Budget to be Spent by 2034, PwC Warns

The world is on track to blow the 2 degree Celsius carbon budget, estimated by the UN Intergovernmental Panel on Climate Change for the next 89 years, within 21 years, according to PricewaterhouseCoopers analysis. This puts the world on a path consistent with potential global warming of around 4 degrees … Read more »