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  / Katherine Monahan /  Carbon Taxes, EMEA, UK ETS

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 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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