According to the UK Committee on Climate Change, the UK Government has a policy gap on meeting its climate change obligations. My interpretation of the following two charts from its 2016 report is that the UK Government has 'picked the low-hanging fruit' by providing a good rate of progress in shifting towards renewable energy generation, but has not yet made difficult but necessary decisions on other aspects of our systems that generate carbon emissions. One of these that is particularly difficult but also particularly important is the embedded carbon emissions in goods and services imported from other countries. This is one of the ways we currently "export" our carbon emissions, essentially by getting other countries to emit on our behalf, so that it looks like they are the emitters, for many of the goods we consume in the UK.
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AuthorThe Planetary CFO - working towards a sustainable World Balance Sheet. Categories
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