UK sets net zero emissions target. We can play a role too, Oil & Gas UK says
The UK Prime Minister Theresa May has announced that the UK will “eradicate its net contribution to climate change by 2050,” but it is “imperative” that other nations follow suit, too.
The oil industry can help meet the set targets, Oil & Gas UK said.
The government said on the 12th June that the statutory instrument to implement the climate change plan – introducing a legally binding net zero target to end the UK’s contribution to global warming entirely by 2050 – would be laid in Parliament on the 12th June.
This will amend the Climate Change Act 2008.
“The UK already leads the world in tackling climate change, and Government commissioned this advice in October having recognised the need to go even further to limit its effects,” the prime minister’s statement reads.
“This legislation will mean that the UK is on track to become the first G7 country to legislate for net zero emissions, with other major economies expected to follow suit. But it is imperative that other major economies follow suit.
“For that reason, the UK will conduct a further assessment within five years to confirm that other countries are taking similarly ambitious action, multiplying the effect of the UK’s lead and ensuring that our industries do not face unfair competition,” the statement further reads.
The Prime Minister’s statement falls short of explaining what steps would be taken in the case that other countries do not follow suit.
Prime Minister Theresa May, expected to leave her PM post next month, said: “As the first country to legislate for long-term climate targets, we can be truly proud of our record in tackling climate change.
“We have made huge progress in growing our economy and the jobs market while slashing emissions.
“Now is the time to go further and faster to safeguard the environment for our children. This country led the world in innovation during the Industrial Revolution, and now we must lead the world to a cleaner, greener form of growth.
“Standing by is not an option. Reaching net zero by 2050 is an ambitious target, but it is crucial that we achieve it to ensure we protect our planet for future generations.”
Source: Offshore Energy Today