http://www.legislation.gov.uk/ukpga/2008/27/section/5/2008-11-26Climate Change Act 2008An Act to set a target for the year 2050 for the reduction of targeted greenhouse gas emissions; to provide for a system of carbon budgeting; to establish a Committee on Climate Change; to confer powers to establish trading schemes for the purpose of limiting greenhouse gas emissions or encouraging activities that reduce such emissions or remove greenhouse gas from the atmosphere; to make provision about adaptation to climate change; to confer powers to make schemes for providing financial incentives to produce less domestic waste and to recycle more of what is produced; to make provision about the collection of household waste; to confer powers to make provision about charging for single use carrier bags; to amend the provisions of the Energy Act 2004 about renewable transport fuel obligations; to make provision about carbon emissions reduction targets; to make other provision about climate change; and for connected purposes. 9texttext/xmlenStatute Law Database2024-01-172008-11-26Part 1Carbon target and budgetingCarbon budgeting
5Level of carbon budgets(1)

The carbon budget—

(a)

for the budgetary period including the year 2020, must be such that the annual equivalent of the carbon budget for the period is at least 26% lower than the 1990 baseline;

(b)

for the budgetary period including the year 2050, must be such that the annual equivalent of the carbon budget for the period is lower than the 1990 baseline by at least the percentage specified in section 1 (the target for 2050);

(c)

for the budgetary period including any later year specified by order of the Secretary of State, must be such that the annual equivalent of the carbon budget for the period is—

(i)

lower than the 1990 baseline by at least the percentage so specified, or

(ii)

at least the minimum percentage so specified, and not more than the maximum percentage so specified, lower than the 1990 baseline.

(2)

The “annual equivalent”, in relation to the carbon budget for a period, means the amount of the carbon budget for the period divided by the number of years in the period.

(3)

An order under this section is subject to affirmative resolution procedure.

(4)

For the purposes of subsection (1)(a) there shall be left out of account—

(a)

so much of the carbon budget for the budgetary period including the year 2020 as the Secretary of State may determine relates to targeted greenhouse gases other than carbon dioxide, and

(b)

so much of the 1990 baseline as is attributable to targeted greenhouse gases other than carbon dioxide.

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