Carney Says Virus Won’t Change U.K.’s Emissions Cuts Plans

(Bloomberg) -- Mark Carney, the former Bank of England chief who is now advising U.K. Prime Minister Boris Johnson on climate finance, said Britain’s commitment to cutting carbon emissions remains undimmed amid the coronavirus pandemic.

Britain last year became the first major economy to pass a law requiring it to reduce greenhouse gas emissions by 2050 to the point where it makes no net contribution to rising global temperatures.

“We don’t see there would be any modification of those objectives,” Carney said before the House of Lords’ European Union Financial Affairs Sub-Committee on Wednesday. “How we go about achieving them will of course be modified.”

Britain is scheduled to host the COP26 United Nations climate change conference in November

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