LONDON (Reuters) - Britain will miss its goal to cut emissions of climate warming carbon gases by 20 percent by 2010 and will fall short of its aims to boost energy from renewable sources, a leading think-tank said on Thursday.
Cambridge Econometrics, which aims to broaden access to research at Cambridge University, said in a report existing government policies and the European Union's emissions trading scheme were incapable of meeting the global warming challenge.
"These forecasts provide a reality check to the rhetoric on climate change that is now standard government fare," said Paul Ekins, Senior Consultant to Cambridge Econometrics and co-editor of its report UK Energy and the Environment.
"Our forecasts show that the government is set to miss not only its 20 percent carbon reduction goal by 2010, but also its declared target of obtaining 10 percent of UK electricity supply from renewable sources ... by 2010 and 15 percent by 2015. Instead it will get just five percent from renewables by 2010, rising to 12.5 percent by 2015, the report said.
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