• UK chancellor could introduce environment tax

Environmental Laboratory

UK chancellor could introduce environment tax

UK chancellor of the exchequer George Osborne recently announced proposals for an environmental tax which would replace the current carbon-reduction program, calling currency environmental legislation a 'burden' on business.

The government is currently working on simplifying its carbon commitment legislation, looking to cut red tape that is impeding business from expanding in the country. The new tax has been proposed as an alternative to these cuts, making green taxes less problematic for business.

The chancellor recently released his Budget that included a few environmental announcements, which included a surcharge on carbon emissions by utilities starting 2014. He also added support for airport expansion near London, and pledged to encourage investment in offshore oil and gas.

The changes have been criticised by environmental groups in the UK, calling it the final 'nail in the coffin' of the governments environmental promises. Green Party leader and lawmaker Caroline Lucas said: “The determination to plow ahead with growth-at-any-cost planning reforms and aviation expansion, throw money at North Sea oil and gas, and ignore the potential of green energy shows that this administration’s environmental policy is blue, not green."

Posted by Joseph Hutton


Digital Edition

AET 28.4 Oct/Nov 2024

November 2024

Gas Detection - Go from lagging to leading: why investment in gas detection makes sense Air Monitoring - Swirl and vortex meters will aid green hydrogen production - Beyond the Stack: Emi...

View all digital editions

Events

Aquatech China 2024

Dec 11 2024 Shanghai, China

Abu Dhabi Sustainability Week

Jan 12 2025 Abu Dhabi, UAE

World Future Energy Summit

Jan 14 2025 Abu Dhabi, UAE

Clean Fuels Conference

Jan 20 2025 San Diego, CA, USA

Carrefour des Gestions Locales de L'eau

Jan 22 2025 Rennes, France

View all events