UK to announce more ambitious climate targets, IEA warns of massive carbon emissions increase this year

The government is bringing forward the current goal by 15 years


The UK is expected to speed up its climate change goals with a new announcement this week.

Boris Johnson will reveal that carbon emissions will be cut by 78% by 2035 instead of by 2050, while the climate law will cover international aviation and shipping for the first time.

The government based its decision on advice by the independent Climate Change Committee (CCC), using 1990 emissions levels as a benchmark.

Johnson’s statement comes ahead of a climate summit organised by US President Joe Biden, the Financial Times reported.

Meanwhile, the International Energy Agency (IEA) has warned global energy-related CO2 emissions will rise by 1.5bn tonnes in 2021, the second-largest annual increase ever.

It’s driven by a strong rebound in demand for coal to generate electricity as emerging markets are driving energy demand back above 2019 levels.

However, renewables are set to provide more than half of the increase in global electricity supply in 2021, with China likely to account for almost half the global increase.

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...


Kavango Resources' upside potential at KSZ in Botswana and strategy plan to...

Kavango Resources PLC (LSE:KAV) Ben Turney joins Proactive London's Katie Pilbeam to discuss the rationale behind renewing its two prospecting licences for the LVR project in the Kalahari Copper Belt (KCB) in Botswana.  He explains why they chose Friday afternoon to announce they have...

34 minutes ago

2 min read