PART 2CLIMATE CHANGE
Emissions targets and carbon budgets: main duties of the Welsh Ministers
31Carbon budgets
1
For each budgetary period, the Welsh Ministers must by regulations set a maximum total amount for the net Welsh emissions account (a “carbon budget”).
2
The Welsh Ministers must ensure that the net Welsh emissions account for each budgetary period does not exceed the carbon budget for that period.
3
The budgetary periods are—
a
2016 to 2020, and
b
each succeeding period of five years, ending with 2046 to 2050.
4
The Welsh Ministers must—
a
set the carbon budgets for the first two budgetary periods before the end of 2018, and
b
set the carbon budget for the third and later budgetary periods at least five years before the start of the period in question.