The tougher target for carbon reduction could dramatically reshape the fortunes of several industries – for better or worse
Boris Johnson’s plan to accelerate the UK’s climate ambitions over the next 15 years, revealed last week, will hasten progress towards a carbon-neutral economy by 2050. The new target – to cut the UK’s carbon emissions by 78%, compared with 1990 levels, by 2035 – toughens an earlier pledge for a 68% reduction by 2030. This greater ambition could boost the fortunes of several low-carbon technologies which stand ready for a rapid roll-out. Here are the winners and losers from the new targets.