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Abstract
In November 2023 the Climate Change Committee (CCC) set out its methodology for the UK's Seventh Carbon Budget, accompanied by a Call for Evidence by mid-January 2024. One crucial challenge emerging is that the CCC propose to report ‘a high level analysis of the main macroeconomic dynamics of the transition, and to assess distributional impacts, while noting that ‘It is for the Government to determine how the costs of the transition are met’ and abstracting from any consideration of who bears the costs, how and when. While it is of course for government to make such decisions, it is important that input regarding the impacts of different potential decisions is made available to policymakers.
Original language | English |
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Place of Publication | Glasgow |
Publisher | University of Strathclyde |
Number of pages | 6 |
Publication status | Published - 1 Feb 2024 |
Keywords
- net zero
- economy
- energy
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Dive into the research topics of 'A 'Horse and Cart' Challenge - the Need to Understand 'Who Pays' before the Macroeconomic and Distributional Impacts of the Net Zero Transition can be Projected'. Together they form a unique fingerprint.Activities
- 1 Policy Outreach
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Quarterly meetings with HM Treasury Climate and Environment Team
Turner, K. (Contributor), Katris, A. (Contributor) & Corbett, H. (Contributor)
2023 → …Activity: Public Engagement and Outreach › Policy Outreach