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Top Cambridge Econometrics News

Economy · United Kingdom

Climate Change Committee sets out seventh carbon budget

The budget sets out plans to ramp up heat pump installation, with other measures geared towards decarbonising homes The Climate Change Committee’s (CCC) seventh carbon budget demonstrates its recommended routes to decarbonisation. The Balanced Pathway predicts that half of homes in the UK will be heated by a heat pump by 2040. Only 1% of UK homes were heated by heat pump in 2023 The budget, therefore, calls for the annual rate of heat pump insta…See the Story

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