The UK's tough new climate bill is designed to move the nation to a low-carbon economy. According to Nuclear Engineering, key points of the draft bill include:• Legally binding targets of a 26 to 32% reduction in carbon dioxide emissions by 2020 and a 60% reduction by 2050.
• Legally binding five year "carbon budgets", set at least 15 years ahead, to provide long-term clarity for investment in low-carbon technologies.
• New powers to enable the government to more easily implement emissions reduction policies.
• A new statutory body, the Committee on Climate Change, to provide independent advice to government.
• Annual reporting to parliament with a Climate Committee progress report to which the government must respond.
• A requirement for government report at least every five years on current and predicted impacts of climate change.
• Legally binding five year "carbon budgets", set at least 15 years ahead, to provide long-term clarity for investment in low-carbon technologies.
• New powers to enable the government to more easily implement emissions reduction policies.
• A new statutory body, the Committee on Climate Change, to provide independent advice to government.
• Annual reporting to parliament with a Climate Committee progress report to which the government must respond.
• A requirement for government report at least every five years on current and predicted impacts of climate change.
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