Download or read book House of Commons - Environmental Audit Office: Progress on Carbon Budgets - HC 60 written by Great Britain: Parliament: House of Commons: Environmental Audit Committee and published by The Stationery Office. This book was released on 2013-10-08 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: The UK's existing carbon budgets represent the minimum level of emissions reduction required to avoid a global 2 degrees temperature rise - regarded as a dangerous threshold - and the UK's leading climate scientists do not believe loosening the budgets is warranted. The current (2008-2012) and second (2013-2017) carbon budgets will be easily met because of the recession. But the UK is not on track to meet the third (2018-22) and fourth budgets (2023-2027), because not enough progress is being made in decarbonising transport, buildings and heat production. The Government's Carbon Plan - which set milestones for five key Government Departments to cut carbon - is out of date without any quarterly progress reports published yet. The Green Deal has also had low take-up rates so far. The Government should set a 2030 decarbonisation target for the power sector now, rather than in 2016 as the Energy Bill sets out. The Government should also reconsider placing a statutory duty on local authorities to produce low-carbon plans for their area. The current low-carbon price in the EU ETS - the result of the economic downturn of recent years and over-allocation of emissions permits - also means that that scheme will not deliver the emissions reductions envisaged when the fourth carbon budget was set. Without any tightening of the EU ETS increased pressure will therefore be placed on the non-traded sector, which will have to produce further emissions reductions to cover the emerging gap left by the traded sector