Should the UK commit to a decarbonisation target?

Green Question MarkThere has been much debate over the last few years regarding the UK’s decarbonisation programme. For those who are unsure as to what this involves, below are a few points of explanation:

  • Although the UK already has renewable energy production targets and CO2 emissions targets it is widely thought that an additional target which starts at the source of power production would help further promote the commitment to climate change
  • Every power station which produces electricity also produces CO2 emissions
  • The idea is to implement technology which reduces CO2 at source, therefore producing electricity which is decarbonised at the point of distribution
  • The ideal decarbonisation figure is an 80% reduction than that of today
  • Decarbonisation would help to stabilise electricity prices to the consumer

The political debate which has been ongoing is with regard to the current coalition government’s reluctance to include a decarbonisation target for 2030 in the Energy Bill.

Many lobbyists think the target is essential to ensure continued investment in renewable energy projects in the UK as it makes a clear statement that the country is committed to low carbon power generation. Without the target many fear that the UK will be seen as a country happy to continue polluting the atmosphere if the focus remains upon gas as the primary power source.

The target would also help encourage investment in Carbon Capture and Storage solutions for the power industry to ensure ongoing low carbon power production from fossil fuels.

It is unclear whether the real reasons for the current reluctance is down to the opinions of one man or whether there are other underlying factors. Many believe that George Osborne is the bottleneck to moving forward on the establishment of a target.

Only this week six major energy companies jointly wrote a strongly worded letter in full support of setting a decarbonisation target as soon as possible.

So what is the upshot of all this? Why is it so important to add another target to those already in place. In my view it’s clear that time is moving forward and the options for changes within certain timeframes are reducing. These changes are not being made in time to support investment or to continue meeting the demand for electricity in the UK using renewable or low carbon solutions.

From what I have seen, the UK has always been able to meet a deadline. We have made some drastic changes country-wide over the years such as the move from town gas to North Sea gas and the implementation of new money. So where there is certainly a will do get things done, there is a way to meet the deadline.

My view is to get on with it and set the deadline and start the process of making the production of electricity a low carbon power across the board.