Britain sets 87% emissions reduction target by 2040

Britain on Tuesday set a target to cut emissions by around 87% by 2040 from 1990 levels as it increases efforts to meet net zero goals that it says will help to curb energy costs and create jobs, but it has yet to outline how the goal will be met.

Reducing carbon emissions would be consistent with international efforts to curb rising global temperatures and the Labour government says cleaner energy can help to insulate the country from fossil fuel price volatility, which has been exacerbated...