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How the UK’s Carbon Targets Compare with its Competitors

The UK is an international leader in cutting greenhouse gas emissions, but is not acting alone, according to a new report published by the ESRC Centre for Climate Economics and Policy and the Grantham Research Institute on Climate Change and the Environment at London School of Economics and Political Science.

The study by Samuela Bassi, Sam Fankhauser, Fergus Green and Michal Nachmany compared the UK’s targets for reducing greenhouse gas emissions with those of its competitors within and outside the European Union. The UK’s fourth carbon budget, which requires a cut in annual emissions by 50 per cent by 2025 compared with 1990, is currently being reviewed by the Government after claims that it was more ambitious than the action planned by other countries.

The report concludes: “We find that the UK remains a global leader in the way it tackles climate change, but is by no means acting alone.”

“The overall picture is one in which the UK is part of a leading group of countries taking legislative action to tackle climate change. This leading group includes most of the UK’s main trading partners.”

The full report can be found at:

http://www.lse.ac.uk/GranthamInstitute/publications/Policy/docs/Walking-alone-How-the-Uks-carbon-targets-compare-with-its-competitors.pdf

 

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