Government advisers say now’s the time to increase vehicle tax to fund the battle against climate change
Making Britain greener has been on the agenda for a while now.
In a bid to meet our 2050 net zero emissions target, we’ve seen all sorts of measures and programs put in place.
Even during the lockdown, we’ve managed to put an end to burning coal and now have the promise of the Green Homes Grant scheme kicking off in September.
And more recently, Government advisers have made three more suggestions that aim to help progress the battle against climate change:
- Increase tax on gas for heating homes
- Bring forward the date for ending sales of non-electric cars from 2035 to 2032
- Increase car taxes
According to the Committee on Climate Change (CCC), VED (that’s vehicle excise duty) should be increased on the most polluting cars, and fuel prices should be raised while the cost of oil is low.
The proceeds of both increases would go towards subsidising low-emissions vehicles.
Member of the CCC Lord Debden said, “The steps that the UK takes to rebuild from the COVID-19 pandemic can accelerate the transition to a successful and low-carbon economy and improve our climate resilience. Choices that lock in emissions or climate risks are unacceptable.”
Do you think he’s right? Should we give up the lower fuel prices that we’ve been enjoying over the last few months and pay more VED to fund the battle against climate change?
Drop a comment and let us know where you think the balance between economic recovery and a greener Britain lies.