UK will put target of 60% CO2 cuts by 2050 in law: Brown

London (Platts)--30Oct2006

UK environment minister David Miliband will later Monday announce the
government is to introduce a new climate change bill to parliament, finance
minister Gordon Brown said Monday. He was speaking at the launch of the Stern
Report on climate change.

Brown said that the bill would put in law the government's ambition of
cutting carbon dioxide emissions by 60% by 2050. That aim was in the energy
white paper of 2003, but was not a legal target.

He said the bill would establish an independent body to see how the
effects of these cuts should be spread out over time and over the economy.

Some commentators and environmentalists have been calling for annual CO2
reduction targets, but others think annual targets would not work well because
they could be thrown off track by a single cold winter requiring more fossil
fuel burn.

To date power generation has done most of the hard work in cutting
emissions.

Brown said that monitoring and reporting measures would be strengthened.
And he said the bill would have new enabling powers.

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