Net Zero cheaper than estimated
A senior Government adviser has said that reaching Net Zero Carbon may be cheaper and easier than estimated.
Chris Stark, chief executive of the Committee on Climate Change, said the costs associated with reducing carbon emissions have fallen sharply in recent years – lower than past estimates – spurring a worldwide boom in renewable energy generation.
He said to the Guardian, “the cost is surprisingly low – it’s cheaper than even we thought last year when we made our assessments. Net zero is relatively low-cost across the economy.”
The Committee on Climate Change will set out the costs and benefits of reaching net zero, and advice on the UK’s next carbon budget, in early December, postponed from this summer owing to the coronavirus crisis.