Home Resources Legal Updates September 2021

The Climate Change Act 2008 (Credit Limit) Order 2021

10 September 2021
Amends/Commences: 
  • The Climate Change Act 2008 (c. 27)
Comes into force: 28th June 2021
 
Jurisdiction: UK
 
Puts a target for the UK to reduce its greenhouse gas emissions and sets up a framework for this to be achieved. It places a limit on the net amount of carbon units that may be credited to the net UK carbon account for the budgetary period of 2023-2927 at 55,000,000 carbon units. The limit excludes the use of carbon units that result from the operation of the European Union Emissions Trading Scheme (EU ETS).
 
For more information click here.