Table of Content



1. OVERVIEW
1.1. Catalyst
1.2. Summary

2. THE GLOBAL URGENCY OF REDUCING EMISSIONS TO NET ZERO
2.1. The economic impact of climate change is massive
2.2. Reducing emissions and adapting to climate change also comes at an enormous cost

3. THE UK IS ONE OF THE BEST-PERFORMING COUNTRIES IN THE PATHWAY TO NET ZERO EMISSIONS
3.1. The UK has made the greatest strides against carbon reduction among the most developed economies
3.2. Great progress on the back of cleaner energy
3.3. The UK net zero strategy is an ambitious plan
3.4. Radical policies on cutting emissions in energy, residential, business and transport sectors
3.4.1. Energy supply: the biggest target of emission reductions
3.4.2. Transport: Electric cars, the vehicle to reduce emissions at great extent
3.4.3. Households: Improved efficiency through low-carbon heating and insulation to reduce residential emissions to zero

4. CHALLENGES AND OBSTACLES TO ACHIEVE NET ZERO EMISSIONS IN KEY SECTORS
4.1. Difficult to calculate costs and benefits when it comes to untested technologies
4.1.1. High expectations on limited-application solutions
4.2. Increased fiscal burden transferred to households
4.3. Compromising of energy security
4.3.1. Non-flexible supply and high abatement costs
4.3.2. Limited or wasted energy resources

5. LOW-COST POLICIES AND INTERNATIONAL COOPERATION NEED TO BE PRIORITIZED
5.1. Driving behavioral shifts by informing and providing incentives
5.2. Coordination of polices at international level is essential

6. APPENDIX
6.1. Sources
6.2. Further reading

7. ASK THE ANALYST

8. ABOUT MARKETLINE



List of Figures

List of Figures
Figure 1: UK Greenhouse Gas Emissions, 1990-2019, (Million tonnes carbon dioxide equivalent (MtCO2e))
Figure 2: UK Greenhouse Gas Emissions, 1990-2019, (Million tonnes carbon dioxide equivalent (MtCO2e))
Figure 3: UK Greenhouse Gas Emissions, 1990-2019, (Million tonnes carbon dioxide equivalent (MtCO2e))
Figure 4: UK Greenhouse Gas Emissions by source, 1990-2019, (%)
Figure 5: Transmission of costs to households
Figure 6: Annual GHG consumption emission by net household income group (2018)
Figure 7: Potential public and private additional capital expenditure requirements for achieving net zero

List of Tables