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Published on : Thursday, November 7, 2013
Chancellor George Osborne in his compiled report said that UK’s competitiveness might be put at risk by leading the world in curbing emissions.
He felt that other countries have also planned ambitious commitments developing low-carbon technologies and it is just not Britain alone. Britain needs to keep up with the rest of the world in controlling emission.
China is the global leader in clean technology it has committed to invest in 700 Gigawatts of renewable power generation by 2020 – that’s 10 times the whole UK power system.
The shale gas revolution in the US has forced down emissions because gas is much less polluting than coal; the report says it is likely that the US will meet its commitment to reduce 2020 emissions by 17% on 2005 levels.
It points out that China has committed to reduce carbon-intensity by 40-45% from 2005 to 2020, and introduced policies to deliver in its 12th five-year plan. With ongoing action, China’s emissions could peak in the early 2020s, the report says.
Germany has also made medium-term commitments in line with the UK. But the world’s efforts have to be strong enough to keep the world on track for a high likelihood of a stable climate.
The World Meteorological Organization has announced that greenhouse gases have reached another record. UNEP’s Emissions Gap warned that delaying emissions cuts would make the task even more expensive. The CCC was formed to advise the UK government reducing CO2 80% by 2050, in a step-by-step process
UK energy emissions increased 2.6% last year, much higher than GDP growth, because of an increased use of coal in power generation.
The cost of wholesale transformation of energy generation and other green measures highlights the challenge that politicians are facing everywhere on climate change. More efforts have to be made worldwide to make visible differences in cleaning the climate.