The U.K. has made deeper carbon-emissions cuts than most major economies. How it fares on further reductions will offer clues to the U.S. and elsewhere.
, flooding in Europe and China and a severe drought in Brazil have injected additional urgency into diplomatic efforts to limit the rise in global temperatures.
In a bid to establish the U.K.’s environmental bona fides ahead of the conference, Prime Minister Boris Johnson has said the country will reduce greenhouse-gas emissions by 78% from 1990 levels by 2035. President Biden, meanwhile,by 2030 from 2005 levels. China is targeting a peak in emissions by 2030.
How Britain fares, having already made deeper cuts than other G-20 economies, will offer the U.S. and other countries clues about the steps needed. Emissions in the U.K. fell by 40% from 1990 through 2019, largely because itFurther reductions would likely bring tough changes in areas including transportation, housing and industry, according to energy executives, bankers and investors.
: Firms from major oil companies such as BP PLC to auto makers such as Tesla Inc. are vying to make money from the U.K.’s transition.
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