​​End the fossil fuel age for a secure and prosperous future.​  - Climate Change Committee

The UK Climate Change Committee (CCC) has presented a new pathway to decarbonise the UK by 2050, aiming for an 87% reduction in emissions by 2040 compared to 1990 levels. The plan emphasizes electrification, which accounts for 60% of emissions reductions, and highlights the need for investment in clean energy, expected to reach $2 trillion globally by 2024. The CCC projects that by 2050, household energy bills could be £700 cheaper annually. The report also stresses the importance of private sector investment, estimating that it will cover 65-90% of the financing requirement from 2025 to 2050. The CCC’s recommendations include making electricity cheaper, removing barriers to low-carbon technology adoption, and supporting households and businesses in the transition to a low-carbon economy.

theccc.org.uk · February 26, 2025