100.This section places a duty on the Secretary of State to report to Parliament the final figures for the net UK carbon account in 2050.
101.Subsections (2) to (4) place a duty on the Secretary of State to report:
under subsection (2), the final amounts of UK emissions, UK removals and net UK emissions for 2050 for each targeted greenhouse gas;
under subsection (3), the amount of carbon units that have been credited to and debited from the net UK carbon account, and details of the number and type of those units;
under subsection (4), the amount of the net UK carbon account for 2050.
102.Subsection (5) provides that the question of whether the 2050 target has been met is to be answered by referring to the figures in the statement.
103.Subsection (6) provides that if the budget has not been met, the statement must explain the reasons why not.
104.Subsection (7) sets a back-stop, requiring the Secretary of State to lay the statement before Parliament no later than 31st May 2052.Subsection (8) requires the Secretary of State to send a copy of the statement to the devolved administrations.