Energy Act 2011: Green Deal Impact assessments (final)
The UK is committed to achieving a 34% reduction in its CO2e emissions by 2020 relative to 1990 and at least an 80% reduction by 2050. There…
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The UK is committed to achieving a 34% reduction in its CO2e emissions by 2020 relative to 1990 and at least an 80% reduction by 2050. There remains a considerable amount of cost effective abatement potential from energy efficiency measures in the domestic and business sectors which, if taken up, will mean that Carbon Budgets are met at a lower overall cost to society. Government intervention is needed to correct market failures and overcome financial and behavioural barriers that act to reduce the take-up of this abatement, while ensuring that equity considerations are adequately addressed.