Future Of British Business
UK Rewriting Climate Plan But Keeping Emissions Goal the Same
- Update comes as energy crunch pushes economies to fossil fuels
- Britain will cut emissions 68% this decade on way to net zero
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The UK is updating its blueprint for cutting emissions by decade’s end but leaving the headline target unchanged as it prepares for climate talks in Egypt against the backdrop of a severe energy crisis.
Britain will submit its Nationally Determined Contribution in time for inclusion in the United Nations’ calculation of whether countries are on track to limit global warming to 1.5 degrees Celsius compared with pre-industrial levels, as spelled out in the Paris Agreement.