UK on track to miss carbon budgets

Just saw this very interesting analysis from Cambridge Econometrics on UK’s emissions trajectory. Key points include:

On existing policies, including those inherited, endorsed and shortly to be put into effect by the Coalition government, the UK is set to miss the carbon budget targets narrowly in the first two budget periods (2008–12 and 2013–17), but by a wider margin in the third (2018–22) and especially the fourth (2023–27)

Here’s the graph:

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