UK Pledges Ambitious Climate Action: Comprehensive Carbon Pricing and Sectoral Policies to Achieve Emissions Neutrality by 2050
The UK aims to reduce greenhouse gas emissions drastically by 2030 and become emissions neutral by 2050, but current policies have challenges. A proposed new plan suggests having a higher carbon tax and other targeted actions in different sectors to meet these goals effectively. By implementing this plan, the UK can cut emissions while still supporting households and businesses. This approach could generate additional funds and also help the UK encourage global discussions on setting minimum prices for carbon and taxing international transport emissions.