'Cap and Trade': Reducing Carbon Emissions and the Climate Change Act 2008
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The Climate Change Act 2008 came into force on the 26th November 2008 with the aim of establishing effective regulatory mechanisms to limit the UK’s carbon emissions and to mitigate the effects of climate change. The Act effectively introduces two elements into the legal system for reducing the UK’s net carbon emissions. First, the legislation enacts measures to mitigate the current damage made to the climate, by introducing carbon reduction commitments and setting targets for industry sectors. Second, it enables the Secretary of State to adapt policies according to the progress of the system, information for which will be provided by a reporting system. The UK is the first legal system in the world to formally adopt legislation aimed directly at these issues.
Phillips, M. (2010) ''Cap and Trade': Reducing Carbon Emissions and the Climate Change Act 2008', Plymouth Law and Criminal Justice Review, 3, pp. 42-56. Available at: https://pearl.plymouth.ac.uk/handle/10026.1/8958
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