Part 1Carbon target and budgeting
Determination whether objectives met
17Powers to carry amounts from one budgetary period to another
1
The Secretary of State may decide to carry back part of the carbon budget for a budgetary period to the preceding budgetary period.
The carbon budget for the later period is reduced, and that for the earlier period increased, by the amount carried back.
2
The amount carried back under subsection (1) must not exceed 1% of the carbon budget for the later period.
3
The Secretary of State may decide to carry forward the whole or part of any amount by which the carbon budget for a budgetary period exceeds the net UK carbon account for the period.
The amount of the carbon budget for the next budgetary period is increased by the amount carried forward.
4
Before deciding to carry an amount back or forward under this section, the Secretary of State must—
a
consult the other national authorities, and
b
obtain, and take into account, the advice of the Committee on Climate Change.
5
Any such decision must be made no later than 31st May in the second year after the end of the earlier of the two budgetary periods affected.