Carbon and Congestion: Can HM Treasury Save the White Paper?
The UK transport sector pays 94% of all environmental taxes but is only responsible for 26% of national CO2 emissions. A uniform fossil carbon input tax across the entire UK economy at a rate equivalent to £30 tCO2 emitted and combined with a £0.20 per kilometre motorway congestion charge would be a far a better way of delivering on the 2003 Energy and 2004 Transport White Papers’ objectives.
Categories:
Country and Regional Studies , Energy and the Environment , Energy Policy , Finance
Tags:
Competition , Energy Supplies , Energy White Paper , Environmental taxes , EU Emissions Trading Scheme , Government Energy Policy , Household , Liberalisation , Renewables , Transport , United Kingdom CO2 Emissions