Part 6 of the Energy Bill 2015-16 proposes an amendment to the Climate Change Act to adjust the performance measure used in the UK’s statutory carbon budgets. The new measure would include UK territorial emissions only. With this change, credits or debits from the EU Emissions Trading System would not contribute towards the UK’s performance against its carbon budgets from 2028 onwards.
This POSTbrief introduces the carbon budgets, explains the proposed change and outlines the implications of the proposed change.