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COP27 and the UK energy sector – between a rock and a hard place

Herbert Smith Freehills

The UK's climate change agenda will be complicated by an energy market under intense pressure and policy in flux . In 2021 the UK enshrined in law a pledge to reduce emissions by 78% by 2035 (compared to 1990 levels), with an overarching commitment to reach net zero by 2050. UK CLIMATE COMMITMENTS. million tonnes to 51.8