Monday, 14 December 2015

Low Carbon Economy

After Paris, everyone seems a tad optimistic about what 'they' have achieved.

The question now is can our government provide a low carbon economy.

Firstly what is a low carbon economy:-

A low carbon economy [LCE], low fossil fuel economy [LFFE], or decarbonised economy is an economy based on low carbon power sources that therefore has a minimal output of greenhouse gas [GHG] emissions into the environment biosphere, but specifically refers to the greenhouse gas carbon dioxide.

How will our government achieve their target.

1) get rid of carbon producing sources such as coal fired power stations, this is already in action.

2) energy use in buildings and industry, again to a certain extent this is in action, the quality of buildings erected in the last ten years has increased substantially.

3) reducing domestic transport emissions, this was going well until the VW scandal.

4) reducing international aviation and shipping, this is not going so well as more people are using these services today that at any time in the past, and it is not as though these types of craft are produced rapidly.

As the government has recently cut back on sponsoring certain new age technology, the challenge for Britain will be to rebuild its economic model around investment and innovation with little direct public money. Over the last three decades the knowledge economy has been the fundamental engine of growth. Through this period, the number of jobs that require degree level of professional skills has steadily risen, while the companies and sectors that have grown are those that have found new and innovative ways to add value.

One of the agreed points is the first stock take in 2023 and then every five years, do we have to wait eight years to see if change is taking place?

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