Let's wind back to last year's high court ruling, which forced govt to admit its plans for cutting emissions only added up to 95% of the cuts needed under legally-binding UK goals
(The attached table had not been made public before the legal challenge)
Court said govt plans needn't add up to 100% but said risk of policies not delivering as planned was "all-important" & shld have been taken into account
Moreover, court said govt failed to publicly quantify the impact of its policies (it had done so privately) & also failed to explain how it wld make up gap btwn quantified policies & legal limit
We know that delivery risk is very real, because govt's official adviser @theCCCuk says there are only "credible" plans to meet 39% of req'd emissions cuts
Plans beyond that carry "some" or "significant risk" – and even those don't go 100% to the target
To continue the theme on delivery, the govt-commissioned Net Zero Review from Conservative MP @CSkidmoreUK found govt was "not matching world-leading ambition with world-leading delivery"
Similarly, the recent @theCCCuk report on how to get reliable zero-carbon UK electricity supplies said the govt goal of a "fully decarbonised" grid by 2035 was possible, but only with "urgent reform"
While this week's budget included lofty ambitions for nuclear and carbon capture and storage, there was precious little firm detail to move things forward
Instead, it said there would be "further action" on emissions "later this month"
(and let's not forget the chancellor's latest fuel duty freeze, which together with 13yrs of similar cuts in real terms means UK CO2 emissions are as much a 7% higher than they would have been)
➡️Confirms "energy price guarantee" cap on hhold bills will remain at £2,500 for typical homes for an extra 3mths
➡️Fuel duty to remain frozen again + 5p cut maintained (duty now down massively in real terms)
UK chancellor Jeremy Hunt is more than 10 minutes into his #Budget2023 speech and he hasn't yet mentioned climate change, net-zero or a UK response to the US Inflation Reduction Act
UK chancellor Jeremy Hunt
"Nearly 90% of our solar power was installed in the last 13 years" [since the Conservatives entered govt]
(tbf this would very likely be true globally too – solar costs down 90% in that period…)
Key point 1) targets for wind, solar + nuclear are a big challenge – and they're not enough
–70% of power in 2035 coming from cheap wind/solar, but (yes, we know) they're variable
–20% from nuclear/BECCS is relatively inflexible
–10% is absolutely key
📉UK emissions fell 3.4% in 2022
🎻Coal was lowest since 1757, when George II was king
♨️Only part of 2022 fall due to climate action
🚚✈️Oil use grew
🏘️Gas fell on warm weather, weak demand
🎯UK remains off track for net-zero
(As a journogeek aside, it's interesting that the print edition went with a totally different headline & cut the quote about "the most successful economies". Online headline: "Does Grant Shapps’ plan for the cheapest energy in Europe add up?")
…but global electricity demand growth is set to rebound, rising to 2,500TWh above 2022 levels by 2025 – that’s basically adding another EU of demand in three years (!)