12 Jun Net Zero by 2050
Britain is the first major nation to propose a target of net zero greenhouse gasses by 2050. In order to do this, emissions from homes, transport, farming and industry will have to be avoided completely, or offset by planting trees or sucking CO2 out of the atmosphere.
Net Zero is the process of Balancing carbon emissions with carbon removal, in practice, the amount of CO2 we put into the atmosphere will need to be slashed. The government will attempt this in the least disruptive way possible for consumers.
This legislation will expand upon the current 2050 target – which aimed to reduce emissions by 80%. The former target was agreed under the Climate Change Act in 2008, but will now be amended.
The Government will fast track the legislation required through both House of Parliament via a “Statutory instrument” if all parties agree. Chancellor Phillip Hammond has warned though that it could cost “a potential £1 trillion by 2050”, and this is going to be mainly extracted from education, hospitals and the police budgets’.
If other countries were to follow in the UK’s footsteps, then there would be a 50% chance of staying below the recommended temperature rise of 1.5 degrees by 2100, this is known as the threshold for dangerous climate change.
The Committee on Climate Change (CCC) has expressed it’s delight in the Government’s announcement and urged for “The same cross-part consensus that we saw in 2008, when the Climate Change Act became law.” The CCC also reiterated that “Net Zero is necessary, feasible and cost effective” and Hero Renewables agrees completely with the CCC.
Whilst the country awaits the announcement of a new Prime Minister a skeptic might consider this poor timing and an attempt to distract from the main events on-going. Time will only tell what the new Prime Minister will decide alongside his or her new Chancellor. We can only hope that we finally see a glimmer of cross-party support which has appeared to be lacking in recent times for the sake of the planet.
To start your contribution to Net Zero, contact Hero Renewables for a free feasibility study on a renewable product and generate your future.