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4/20, 2:40 PM (Source: TeleTrader)
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UK announces plans to reduce emissions by 78% till 2035

The United Kingdom government announced plans on Tuesday to set into law the motion to cut emissions by 78% by 2035 compared to levels from 1990. This is an increase of their initial target of 68% by 2035, as the country works towards net zero emission by 2050.

According to the announcement, the sixth Carbon Budget plans to limit the volume of greenhouse gasses emitted over a 5-year period from 2033 to 2037 and will pursue efforts to limit global warming to 1.5°C below the target of 2°C set by the Paris Agreement. The budget will also include the country's share of international aviation and shipping emissions.

UK Prime Minister Boris Johnson stated: "We want to continue to raise the bar on tackling climate change, and that’s why we’re setting the most ambitious target to cut emissions in the world. The UK will be home to pioneering businesses, new technologies, and green innovation as we make progress to net-zero emissions, laying the foundations for decades of economic growth in a way that creates thousands of jobs."

Breaking the News / OL