Emissions Standards Needed to Meet U.K. Carbon Targets, MPs Say

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Emissions performance standards limiting the amount of carbon dioxide produced by U.K. power stations are needed to meet climate change targets, according to an Energy and Climate Change Committee report released today.

Britain’s existing energy policy is “grossly inadequate” and will not boost investment in low carbon projects like offshore wind farms and nuclear reactors, the committee said. An emissions standard would provide certainty to investors and help lower the cost of investing in green technologies, they said.