Fiscal green hole: Is the UK tax system fit for net zero purpose?

James Murray
clock • 8 min read
Electric vehicles represent a $7tr market opportunity by 2030 alone, according to BNEF | Credit: iStock
Image:

Electric vehicles represent a $7tr market opportunity by 2030 alone, according to BNEF | Credit: iStock

Treasury urgently needs to provide green tax roadmap that can boost investor certainty and enable net zero transition, Green Alliance report argues

There has been a lot of debate lately about the ‘fiscal black hole' the UK is facing, whether it exists, how big it is, and how best to fill it. But missing from this discussion has been the likely impact...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose the membership package that's right for you and your organisation, via our 3 membership levels.

Join now

 

Already a BusinessGreen member?

Login

More on Taxation

Budget 2024: A missed chance to unleash the potential of green gilts

Budget 2024: A missed chance to unleash the potential of green gilts

A green gilt programme could fulfil extra borrowing capacity, unlock private investment in net zero, and hold the UK's climate ambitions to account, writes IEEFA's Kevin Leung

Kevin Leung, IEEFA
clock 11 November 2024 • 4 min read
How the UK can transform its clean heat market

How the UK can transform its clean heat market

Expanding VAT relief and widening the Boiler Upgrade Scheme to more low carbon technologies can be quietly transformational, argues Labour MP Jack Abbott

Jack Abbott MP
clock 08 November 2024 • 5 min read
Green Alliance: Transport tax reform could raise £23bn by 2030

Green Alliance: Transport tax reform could raise £23bn by 2030

Think tank claims green taxes could help Labour 'balance the books', but government insists there are 'no plans' for a shift towards road pricing

Stuart Stone
clock 19 September 2024 • 3 min read