PART 1Decarbonisation
2Matters to be taken into account
(1)
The following matters must be taken into account by the Secretary of State in setting or amending a decarbonisation target range.
(2)
The matters are—
(a)
scientific knowledge about climate change;
(b)
technology relevant to the generation and storage of electricity and to the demand for and use of electricity;
(c)
economic circumstances, and in particular the likely impact on the economy and the competitiveness of particular sectors of the economy;
(d)
fiscal circumstances, and in particular the likely impact on taxation, public spending and public borrowing;
(e)
social circumstances, and in particular the likely impact on fuel poverty;
(f)
the structure of the energy market in the United Kingdom;
(g)
differences in circumstances between England, Wales, Scotland and Northern Ireland;
(h)
circumstances at European and international level;
(i)
the duties of the Secretary of State under sections 1 and 4(1)(b) of the Climate Change Act 2008 (carbon targets and budgets).