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Government’s Seventh Carbon Budget target
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Today (Tuesday 2 June) the government has set out its proposed level for the seventh Carbon Budget, which sets a science-led target of ~87% emissions reduction in the period 2038 to 2042 – endorsed by the Environmental Audit Committee and the Climate Change Committee.
It comes as an independent report from the Energy and Climate Intelligence Unit, supported by analysis from the Confederation of British Industries Economics, today shows that the net zero economy supports over one million jobs in the UK, adding £105 billion in gross value added (GVA) to the UK economy in 2025 alone, as it continues to thrive as one of the UK’s fastest- growing economic sectors.
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