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Welcome Reassurance from Government on Carbon Budget

07 Jul 09:00 by Steve Walia

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After a week of uncertainty following the EU referendum result, the renewable energy industry has welcomed confirmation from the government on the carbon budget.

This week, the Committee on Carbon Change confirmed there would be a 57pc targeted reduction in greenhouse gases in 2027-32 compared to carbon emission figures in the 1990s.

The news was welcomed by green energy bodies, including the Renewable Energy Association and the Anaerobic & Bioresources Association. According to the latter, the increase in carbon-slashing targets must be achieved through ambitious energy plans.

The association said that the government must listen to the recommendations of its climate change committee and look to introduce strategic food-waste recycling and collection services consistently across the UK, whilst also introducing measures to support the growth of anaerobic digestion, particularly within the agricultural industry. This, they explain, will help to slash agricultural emissions and allow Britain's struggling farms to realise economic benefits.

The anaerobic digestion industry has enjoyed solid growth to date in Britain, but changes to subsidy schemes such as the FiT put its progress in question. The ABDA wants to see the government providing clear messages of reassurance to the sector by defining a clear vision for farm and food waste anaerobic digestion support.

The REA echoed this sentiment, saying that clarification on carbon reduction targets gives investors and the industry more confidence in the medium term, but only if the government supports the targets with meaningful policies that allow finance to be unlocked and invested in necessary infrastructure.

The REA said that now would be the wrong time for the government to back out of existing commitments and further damage investor confidence. It welcomed the first positive move in the right direction but demanded a clear and robust energy development plan by the end of 2016.