PricewaterhouseCoopers is claiming UK government and EU target’s for the
reduction of carbon emission by 2020 does not go far enough
The firm analysed environmental data and found the European and UK target to
reduce greenhouse gas emissions (GHG) by 20% by 2020 will mean an overshoot
equivalent to a year’s worth of carbon.
A reduction of 20% will mean the EU will have used one year’s worth of carbon
more than it should have with a 30% reduction meaning an overshoot of six months
worth of GHG’s than it should have.
Richard Gledhill, global leader of climate change and carbon market services
at PwC, said: “The basic pledges of key economies would leave us some
considerable way short of the low carbon pathway.”
He added an over spend of carbon emissions could end up putting the world a
year closer to an “unpredictable climate crisis.”
“To make sure the sum of the parts adds up to the whole, we need an effective
monitoring, reporting and verification regime,” he said.
He added: “Getting to a political deal next Friday is arguably the easy bit.
The really hard work starts in the New Year, when we have to convert the
political deal into a legal agreement and start delivering on the pledges.”
Dennis Layton takes up the position on April 1 and will contribute to the firm’s goal of becoming the leading global professional services organisation by 2020
Richard Cartwright becomes the new head, taking over from incumbent head of office David Lemon
Brian Burke, business development director, has moved within the firm to 'develop Quantuma’s networks with Sussex professional firms'
Stephen Mills joins the Manchester office from IBM, where he spent 12 years as an associate partner in the data, analytics and cognitive consulting group