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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).
 
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