The UK can meet its environmental target to cut greenhouse emissions by 60% over the next 20 years, the Committee on Climate Change reports. However, this will mean completely overhauling the energy sector, with an annual investment of £16bn in the 2020s, and replacing 11 million petrol cars with electric or hybrid equivalents.
The committee chair, Lord Adair Turner, said “The case for action is as strong as ever: climate change science remains robust and suggests there are very significant risks if we do not cut emissions. And countries acting now will gain economic benefits in an increasingly carbon constrained world.”
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