The British carbon initiative outlined within the Climate Change Act of 2008 is getting a lot of attention worldwide as it is the first legislative approach of its kind. The British have been very forward reaching in this area and do not intend to throttle back at anytime in the near future.
The Climate Change Act prompted the UK government to outline its aims for the future. British carbon initiatives plan "to improve carbon management and help the transition towards a low carbon economy in the UK and to demonstrate strong UK leadership internationally, signaling that we are committed to taking our share of responsibility for reducing global emissions in the context of developing negotiations on a post-2012 global agreement at Copenhagen next year."
Even though there is a post-Kyoto protocol agreement in the works, expected to come in sometime during 2012, British carbon reduction plans have nonetheless been pushed forward aggressively. Experts and environmentalists have shown that the overall threat to the climate is getting worse and it is necessary to take aggressive action as soon as possible.
By the year 2050, the UK government says that it expects greenhouse gas emissions to have been reduced by at least 80%. To enable it to achieve measurable goals towards an ultimate target, the Climate Change Act calls for a carbon budgeting system. This project will run over a set of five year periods, with the first budgets running between 2008 and 2022.
It will be interesting to see if British carbon legislators place their own initiatives ahead of any pending international actions. They have said that they "have regard to the need for UK domestic action on climate change."
The Carbon Reduction Commitment is the first legislative emissions trading scheme of its kind and followed quickly on the heels of the signing of the Climate Change Act of 2008. For those who qualify, mandatory participation is required but there are many economic incentives for those who can over-perform within the project.
Market forces are now being put to bear in the fight against carbon emissions and climate change. The UK's largest contributors to the problem, measured by their individual consumption of electricity, will participate as 5,000 organizations must register for the UK's "cap and trade" scheme.
British carbon reduction plans are not alone as legislators in the United States are looking with keen interest at this development. Similar legislation is on the cards to implement a cap and trade system within the US, but it seems that this action will not be as sweeping as a considerable process of delay and debate is already apparent. - 29954
The Climate Change Act prompted the UK government to outline its aims for the future. British carbon initiatives plan "to improve carbon management and help the transition towards a low carbon economy in the UK and to demonstrate strong UK leadership internationally, signaling that we are committed to taking our share of responsibility for reducing global emissions in the context of developing negotiations on a post-2012 global agreement at Copenhagen next year."
Even though there is a post-Kyoto protocol agreement in the works, expected to come in sometime during 2012, British carbon reduction plans have nonetheless been pushed forward aggressively. Experts and environmentalists have shown that the overall threat to the climate is getting worse and it is necessary to take aggressive action as soon as possible.
By the year 2050, the UK government says that it expects greenhouse gas emissions to have been reduced by at least 80%. To enable it to achieve measurable goals towards an ultimate target, the Climate Change Act calls for a carbon budgeting system. This project will run over a set of five year periods, with the first budgets running between 2008 and 2022.
It will be interesting to see if British carbon legislators place their own initiatives ahead of any pending international actions. They have said that they "have regard to the need for UK domestic action on climate change."
The Carbon Reduction Commitment is the first legislative emissions trading scheme of its kind and followed quickly on the heels of the signing of the Climate Change Act of 2008. For those who qualify, mandatory participation is required but there are many economic incentives for those who can over-perform within the project.
Market forces are now being put to bear in the fight against carbon emissions and climate change. The UK's largest contributors to the problem, measured by their individual consumption of electricity, will participate as 5,000 organizations must register for the UK's "cap and trade" scheme.
British carbon reduction plans are not alone as legislators in the United States are looking with keen interest at this development. Similar legislation is on the cards to implement a cap and trade system within the US, but it seems that this action will not be as sweeping as a considerable process of delay and debate is already apparent. - 29954
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