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British Govt. Sets Deadline for Carbon Neutrality by 2050

LONDON – The British government on Wednesday tabled a bill to reduce carbon emissions to zero net by 2050, which would be a first for a major economy, AFP reported Thursday.
The new target has been broadly welcomed across the political spectrum, but environmental groups have said that radical action is needed to decarbonize the entire economy.
The delay is far more ambitious than Britain’s current policy of reducing emissions by 80% over the same period and Finance Minister Philip Hammond reportedly warned that the cost could rise to over 1.0 trillion pounds.
The date 2050 will be introduced into existing climate change legislation through a law known as a statutory instrument that Parliament should approve.
As the first country to legislate for long-term climate goals, we can be really proud of our track record in fighting climate change, said Premier Theresa May.
In one of her final acts before her resignation next month, she said Britain, must lead the world to a cleaner and greener form of growth. Being there is not an option, she added.
The UK’s leading advisory body on climate change said this year that the net zero target could be reached with a budget of between 1.0 and 2.0 percent of gross domestic product by 2050.
But the Climate Change Committee (CCC) added that the deadline would require the rapid deployment of new policies such as making all new cars and electric vans by 2035 and quadrupling low-carbon electricity production.
“This milestone will send a strong signal to other countries to follow suit,” said John Gummer, committee leader.
Carolyn Fairbairn, head of the Confederation of British Industry’s big business lobby group, said the companies were “way behind” the commitment, but she urged the government to develop long-term policies for decarbonization economy.
The deadline would put Britain on track to fully comply with its commitments under the Paris Agreement, under which countries pledged to keep the rise in global average temperature well below 2 degrees Celsius.
If they were replicated around the world and associated with short-term emission reductions, there would be more than a 50% chance of limiting the temperature increase to only 1.5 ° C, the upper limit being “safe” “defined by the UN Panel of Experts on Climate Change. Last October, the CCC said.
Other EU countries have also indicated various deadlines for reducing emissions, although none have been adopted in the law.
(Sahar News Monitoring Desk)

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