Business and sustainability leaders welcome fifth carbon budget
Business leaders and sustainability professionals have unanimously welcomed this morning’s confirmation that the government has set the fifth carbon budget at the recommended level.
Energy Secretary Amber Rudd laid a draft order before parliament setting the carbon budget for the 2028-2032 period at 1,725MtCO2e; the level recommended by the Committee on Climate Change in February.
That figure is representative of a 57% cut in emissions compared to a 1990 base level.
A statement issued by Rudd explicitly mentioned the importance of a clean, reliable energy infrastructure for businesses to benefit from.
“Setting long term targets to reduce our emissions is a fundamental part of building a secure, affordable and clean energy infrastructure system that our families and businesses can rely on and that is fit for the 21st century.
Announcement of the setting was welcomed by various business leaders and notable sustainable professionals on social media.