Squabble erupts over excessive ‘green taxes’ in UK

authordefault
on

The British government is raking in billions more in so-called green taxes than it needs to erase the country’s carbon footprint, the Taxpayers’ Alliance said in a report.

The lobby group said emissions in 2005 had done damage worth an estimated 11.7 billion pounds, compared with green taxes and charges of 21.9 billion pounds the same year.

The alliance said the 11.7 billion pounds figure covered the “social cost” of climate change to the world, such as weather changes and related disasters. UK green taxes should not exceed this figure, it added.

Fuel duty and vehicle excise duty were between 30 and 40 times higher than needed to cover estimates of the social cost of CO2 emissions. The group also said that, on average, UK households were “over-paying” 400 pounds a year.

The group said government ministers are “cynically” raising revenue rather than using the money to improve the environment.

Related Posts

on

Nigel Farage’s anti-climate party has received two thirds of its income from oil investors.

Nigel Farage’s anti-climate party has received two thirds of its income from oil investors.
on

You might not have heard of them, but a new analysis shows these ad execs have overseen $1.5 billion worth of fossil fuel ads in the U.S. since the Paris Agreement.

You might not have heard of them, but a new analysis shows these ad execs have overseen $1.5 billion worth of fossil fuel ads in the U.S. since the Paris Agreement.
on

DeSmog analysis reveals London-based WPP linked to twice as much oil advertising as American rivals despite its internal climate policy.

DeSmog analysis reveals London-based WPP linked to twice as much oil advertising as American rivals despite its internal climate policy.
on

Gas turbine manufacturers are confident they will win the battle over whether Europe’s AI boom will be powered by fossil fuels.

Gas turbine manufacturers are confident they will win the battle over whether Europe’s AI boom will be powered by fossil fuels.