UK budget update sends mixed signals on efforts to cut emissions

Published 18:08 on March 23, 2022  /  Last updated at 18:08 on March 23, 2022  /  Carbon Taxes, EMEA, UK ETS  /  No Comments

Headline budgetary measures published in the UK’s spring statement on Wednesday exert only light-touch pressures on greenhouse gas emissions, with a targeted VAT tax reduction pulling in the opposite direction as a 12-month fuel tax cut.

Headline budgetary measures published in the UK’s spring statement budget update on Wednesday exert only light-touch pressures on greenhouse gas emissions, with a targeted VAT tax reduction pulling in the opposite direction as a 12-month fuel tax cut.

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