Tuesday, September 27, 2022

REALITY BITES: UK REVIEWS ITS NET ZERO EMISSIONS TARGET

   The UK government on Monday launched a review of the steps the country has laid out to take in reaching its legally binding 2050 net-zero emissions target while increasing energy security and affordability at the same time.
   The independent review, to be chaired by former energy minister Chris Skidmore, aims to ensure that the delivery of the legally binding climate goal - which, the government stressed, remains in place - is “pro-growth and pro-business,” the new government headed by Liz Truss said today.
   Considering the soaring energy prices burdening UK households and businesses, the government now looks to review the approach to net-zero emissions “to better understand the impact of the different ways to deliver its net zero pathway on the UK public and economy and maximize economic opportunities of the transition.”

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