Carbon budgets

A carbon budget is how some countries set a limit in policy or law on how much greenhouse gases they emit over a fixed time.

In Ireland, the carbon budget will be set by law. The Climate Action and Low Carbon Development (Amendment) Bill sets out how carbon budgets will be set in Ireland.

Government will put the carbon budget in place with advice from the Climate Change Advisory Council.

A series of carbon budgets will be made and each one covers five years.

 

Related Terms

Adaptation

Biodiversity

Carbon budgets

Cap and trade system

Carbon credits

Carbon neutral

Carbon tax

Circular economy

Climate

Climate change

Climate Action Delivery Board

Climate Action Fund

Climate Action Plan

Climate Action and Low Carbon Development (Amendment) Bill

Climate Change Advisory Council

Climate neutral economy

Climate resilience

Decarbonisation

Effort Sharing Regulation

Effort Sharing Legislation

Effort Sharing Decision

Electricity interconnector

Emissions projections

Environmental Protection Agency (EPA)

EU Emissions Trading System (ETS)

European Green Deal (2019)

Green economy

Greenhouse Gas Emissions / GHGs

Global warming potential (GWP)

LULUCF / Land use, land-use change and forestry

Intergovernmental Panel on Climate Change (IPCC)

National Energy and Climate Plan

Net zero emissions

NZEB ‘Nearly Zero Energy Buildings’

Paris Agreement

Renewable Electricity Support Scheme (RESS)

Renewable energy

Sectoral Adaptation Plans

Sustainable Development Goals (SDGs)

Sustainable Energy Authority of Ireland (SEAI)

Treaty

UNFCCC COP

UNFCCC