Question reference: S6W-10632
- Asked by: Liam Kerr, MSP for North East Scotland, Scottish Conservative and Unionist Party
- Date lodged: 26 August 2022
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Current status: Answered by Michael Matheson on 23 September 2022
Question
To ask the Scottish Government, further to the answer to question S6W-10006 by Michael Matheson on 23 August 2022, in light of it stating that it has not yet assessed the cost of achieving net zero greenhouse gas emissions by 2045 and not providing a suggestion of a figure, whether it has at least assessed the cost of achieving net zero greenhouse gas emissions by 2045 within an approximate range or figure, or whether it has no estimate of the cost of achieving net zero greenhouse gas emissions by 2045.
Answer
The costs of global failure to address the climate emergency would be enormous and the Scottish Government is committed to leading the way in delivering early action to reduce emissions while at the same time positioning Scotland to secure and share the opportunities from the transition. The next Climate Change Plan, a draft of which will be published next year, will include costs of delivering emissions reductions to meet the statutory targets between 2025 and 2040. The Scottish Government has not set out a pathway to net zero greenhouse gas emissions by 2045 and hence does not yet have a basis for a cost assessment of achieving that goal. The Climate Change Committee suggest “the net costs of the transition (including upfront investment, ongoing running costs and costs of financing) will be less than 1% of GDP over the entirety of 2020-2050”. We believe this is a reasonable estimate while noting that the cost totals and profile for Scotland may differ due to our stricter statutory targets and the likelihood that our pathway to net zero may diverge from that taken by the UK as a whole.