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Regulation 2 Carbon Budget

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(1)

The carbon budget for the 2023-2027 budgetary period is an annual average of 33% lower than the baseline.

(2)

The carbon budget for the 2028-2032 budgetary period is an annual average of 48% lower than the baseline.

(3)

The carbon budget for the 2033-2037 budgetary period is an annual average of 62% lower than the baseline.