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Building a low-carbon economy –
the UK’s contribution to tackling climate change
COnTEnTS
Foreword v
The CCC vii
Acknowledgments ix
Executive summary xiii
Part I: The 2050 target 3
1. Setting a 2050 target 7
2. Meeting a 2050 target 35
Part II: Setting and meeting the irst three budgets 89
3. The irst three budgets: summary analysis and recommendations 93
4. Carbon markets and carbon prices 145
5. Decarbonising electricity generation 173
6. Energy use in buildings and industry 211
7. Reducing domestic transport emissions 251
Part III: Extending the carbon budget framework? 301
8. International aviation and shipping 305
9. Non-CO greenhouse gases 335
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Part IV: Wider economic and social considerations 365
10. Competitiveness challenges and opportunities 369
11. Economic costs and iscal implications 383
12. Fuel poverty implications 395
13. Energy security of supply 415
14. Differences in national circumstances 433
Part V: Synthesis and recommendations 463
Glossary 467
Abbreviations 476
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