The report analyzes how cutting greenhouse gas emissions in the UK impacts households, businesses, and the economy until 2030. The study focuses on meeting government-set carbon reduction targets. By looking at expert assessments, it evaluates the economic effects of transitioning to cleaner energy sources against a scenario where emission targets are ignored. In 2012, UK emissions were slightly higher than in 2011 but had decreased by about 25% since 1990. The goal is to understand how further reductions will influence different sectors like households, industry, and the overall economy. The report does not judge specific policies but aims to show the potential economic outcomes of following or disregarding the UK's emission targets.