The efficiency of 7 million homes will have been upgraded, with over 1.5 million of them generating renewable energy. 40% of electricity will be generated from low carbon sources (renewables, nuclear power and clean coal). Gas imports will be 50% lower than would otherwise have been the case. The average new car will emit 40% less carbon compared to 2009 levels. Energy Bill, 2012–2013 The Energy Bill 2012–2013 aims to close a number of coal power stations over the next two decades, to reduce dependence on fossil fuels and has financial incentives to reduce energy demand. The construction of a new generation of nuclear power stations will be facilitated, helped by the establishment of a new Office for Nuclear Regulation. Government climate change targets are to produce 30% of electricity from renewable sources by 2020, to cut greenhouse gas emissions by 50% on 1990 levels by 2025 and by 80% on 1990 levels by 2050. Select Committee report, 2016 The Energy and Climate Change Select Committee reported on 15October 2016 on upcoming challenges for energy and climate policy. The committee recommended investment in energy storage on the supply side and in efficiency technologies that smooth out demand peaks, by switching devices off and on and running them at lower power during times of stress, for example. Salix Finance Ltd. Salix Finance Ltd. provides government funding to the public sector to improve energy efficiency, reduce carbon emissions and lower energy bills. Salix is a non-departmental public body, owned wholly by the government, and funded by the Department for Business, Energy and Industrial Strategy, the Department for Education, the Welsh Government and the Scottish Government. Energy white paper 2020 The energy white paper 2020 has set within it a target to achieve net zero within the UK by 2050 in efforts to halter progress of Climate Change. The UK government aim to do this by: Investing heavily in renewable energy sources with a goal set of 40GW (about 60% of the UK's energy consumption) of offshore wind by 2030. Getting a large-scale nuclear project to the investment stages. Grow the rate at which electric heat pumps are installed. Support the deployment of CCUS Establishing a new UK emissions system Debating whether to end connections to the gas grid for new homes. Implementing policy: government oversight Government supervision of the coal, gas and electricity industries was established in the 19th century. Since then,