Skip to content
Recent News
  • NeoTerra appoints new chairman
  • Arkadian sells Horse Hill asset and files Finnsbo legal action
  • Metals Exploration contractor dies at La India
  • Panther raises £2.22m via first Canadian flow-through
  • Predator raises £2.5m for Guercif-Cory Moruga
Wednesday, October 21, 2026

Extractive Industries

Independent news on Irish and UK junior to mid-tier exploration, development and production

  • About
  • All News
  • Metals & Minerals
  • Oil & Gas
  • Finance
  • Company Moves
  • Legal
  • Equipment
  • ESG
  • Vacancies
ESG Metals & Minerals News Oil & Gas

Target of 78% cut in emissions to be enshrined in UK law

Posted on 20 April 202124 August 2021 Author editorial Comments Off on Target of 78% cut in emissions to be enshrined in UK law

The Government will enshrine in UK law the world’s most ambitious climate change target to reduce emissions by 78% by 2035 compared with levels in 1990.

Pioneering: the North Sea Transition Deal will support the oil and gas industry’s transition to clean energy (Pixabay)

In line the independent Climate Change Committee’s recommendations, this sixth Carbon Budget limits the volume of greenhouse gases emitted over a five-year period from 2033 to 2037, taking the UK more than three-quarters of the way to reaching net zero by 2050.

The Carbon Budget aims to ensure Britain fulfills its contribution to climate change while remaining consistent with the Paris Agreement temperature goal to limit global warming to well below 2°C and pursue efforts towards 1.5°C.

For the first time, this Carbon Budget will incorporate the UK’s share of international aviation and shipping emissions.

The news comes ahead of Prime Minister Boris Johnson’s address to the opening session of the US Leaders Summit on Climate, hosted by US President Joe Biden on Earth Day (22 April).

Mr Johnson will urge countries to make more effort to tackle climate change and set demanding targets to reduce emissions by 2030 to align with net zero.

PROGRESS

The Government is already working towards its commitment to reduce emissions in 2030 by at least 68% compared with 1990 levels through the UK’s latest Nationally Determined Contribution – the highest reduction target to date made by a major economy.

Today’s announcement adds to the goal to achieve a 78% reduction by 2035.

The new target will become enshrined in law by the end of June 2021, with legislation setting out the Government’s commitments laid in Parliament tomorrow (21 April).

The Government has already laid the groundwork to end the UK’s contribution to climate change by 2050, starting with strategies that support industries to decarbonise while growing the economy and creating new, long-term green jobs.

STRATEGIES

This includes the publication of the Industrial Decarbonisation Strategy, a blueprint to reduce emissions by two-thirds in 15 years, as well as more than £1 billion government funding to cut emissions from industry, schools and hospitals.

The UK is also the first G7 country to agree a North Sea Transition Deal to support the oil and gas industry’s transition to clean, green energy while supporting 40,000 jobs.

Other strategies include the Prime Minister’s 10 Point Plan for a green industrial revolution and the Government’s Energy White Paper.

The Government’s sixth Carbon Budget of 78% is based on its own analysis and looks to meet this reduction target through investing and capitalising on new green technologies and innovation.

Other initiatives include publication of the Heating and Building Strategy and Transport Decarbonisation Plan later this Spring.

The cross-government Net Zero Strategy will also be published ahead of COP26.

The UK is the first country to enter legally binding long-term carbon budgets into legislation, first introduced as part of the 2008 Climate Change Act. Five carbon budgets have since been made laws.  

  • Share
  • Share on X (Opens in new window) X
  • Share on LinkedIn (Opens in new window) LinkedIn

Related

Tagged Climate Change Committee, climate change target - 2035, coal, extractive industries, North Sea Transition Deal, sixth Carbon Budget, UK Government, UK mining

Related Articles

Finance Metals & Minerals News

Altona to raise £500,000 for Africa REEs

Posted on 24 September 202019 July 2024 Author editorial

Mining exploration company, Altona Energy plc, is looking to raise up to £500,000 for its new strategic focus on rare earth elements (REEs) in East Africa. The company has signed heads of agreements with two African mining companies, to acquire a majority stake in two REE projects, one in Malawi and the second in Uganda. […]

  • Share
  • Share on X (Opens in new window) X
  • Share on LinkedIn (Opens in new window) LinkedIn
Legal Metals & Minerals News

Red Rock awarded further $2m over copper-cobalt JV

Posted on 19 January 202216 February 2024 Author editorial

Red Rock Resources plc has been awarded an additional $2 million in damages with costs in its legal action over its copper-cobalt joint venture in the Democratic Republic of Congo. ENFORCEMENT On 14 January, the Commercial Court of Lubumbashi issued an executory judgment ordering Vumilia Pendeza SA (VUP) to pay the sum. This follows the earlier judgment […]

  • Share
  • Share on X (Opens in new window) X
  • Share on LinkedIn (Opens in new window) LinkedIn
Company Moves News Oil & Gas

United Oil & Gas appoints Peter Dunne as CFO

Posted on 5 May 20225 May 2022 Author editorial

United Oil & Gas plc has appointed Peter Dunne as chief financial officer (CFO), effective from today, 5 May 2022. Mr Dunne will also be appointed a director and as company secretary at the end of the general meeting on 1 June 2022. David Quirke will step down as director and company secretary on the […]

  • Share
  • Share on X (Opens in new window) X
  • Share on LinkedIn (Opens in new window) LinkedIn

Post navigation

West Newton JV nears flow testing of WNB-1Z sidetrack well
VOG settles gas invoices and agrees £1.25m loan
2019 newspaper-lite | Newspaper Lite by themecentury.
Go to mobile version