UK Commits to Cutting Emissions by 87% by 2040 Under New Carbon Budget

The UK government has set a legally binding target to cut greenhouse gas emissions by 87% by 2040 under its Seventh Carbon Budget, aiming for net-zero by 2050. This strategy focuses on expanding domestic clean energy, like renewables and hydrogen, to enhance energy security and avoid £445 billion in future fossil fuel costs. Supported by over £90 billion in private capital since mid-2024, the transition is expected to create over 400,000 jobs by 2030 and boost competitiveness.
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