Energy Saving Trust channels
Top shortcut links
Main navigation starts here
You are here:
Energy and climate change secretary Chris Huhne has delivered the first ever Annual Energy Statement to parliament.
The statement makes the claim that an 80 per cent reduction in carbon dioxide emissions is "achievable and compatible with keeping the lights on".
Delivering the paper, Mr Huhne said: "The challenge is ambitious but achievable. We're already on track to cut the UK's emissions by 34 per cent by 2020, and will do more if we can win the case for greater ambition across the whole EU.
"But our line of sight needs to extend much further, through to the middle of the century."
He added that "transparency, certainty and long-termism" were key to unlocking investment in the future of energy.
The statement confirmed that moving to a low-carbon economy would not be cheap.
However, the initial analysis did suggest the possibility of it being less expensive than conventional energy generation, partly due to the fact that the country will be protected from "fossil fuel price shocks".
Posted by Emily Thomas
Sign up for regular email updates to help you save money and energy
For more information please see:
For regular email updates please submit your email address below.
Call 0800 512 012 for free, independent and local energy saving advice
Click here to request a call back from your local advice centre.
Latest News