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<p>The Climate Change Act established a legally binding target to reduce the UK’s
greenhouse gas emissions by at least 80% below base levels by 2050. The Act introduced
a system of carbon budgets which provide legally binding limits on the amount of emissions
that may be produced in successive five-year periods, setting the UK on a least cost
trajectory to 2050.</p><p>A comprehensive package of policies has been put in place
to meet future carbon budgets, which includes reducing the carbon intensity of power
generation.</p><p>Electricity market reform (EMR) provides support for all low carbon
technologies including nuclear, Carbon Capture Storage and renewables. The EMR delivery
plan also provides an outlook to 2030 illustrating different scenarios for power sector
decarbonisation consistent with our carbon plan and budgets.</p><p>This approach increases
energy security and minimises costs to taxpayers and consumers, while reducing emissions.</p>
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