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Story summary
- Government announced the Seventh Carbon Budget, an 87% cut by 2040 (1990 baseline) and a cap of 535 MtCO2e for 2038-2042.
- Climate Change Committee says electricity must deliver 60% of cuts, needing six-fold offshore wind, and estimates Pathway would cost 0.2% of UK GDP, creating jobs.
- Audit Committee endorsed target, warning shocks could lift food prices 50% by November 2026; a report noted economy supports 1.1 million jobs and £105 bn of value.
