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United Kingdom Adopts Ambitious Climate Change Target

Today, the government of the United Kingdom took a significant step to shift to a low-carbon economy, providing clear signals to investors that the UK wants to host large-scale clean energy projects moving forward.

The agreement announced today takes the form of a legally binding target to reduce greenhouse gas emissions 50 percent below 1990 levels by 2025, as part of the country’s fourth carbon budget. The agreement of the country’s conservative and liberal democrat parties extends current targets and continues the country on an aggressive reduction path from 2023-2027.

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