Climate Change Agreements: Tax incentive scheme has helped saved 6.6 million tonnes of CO2 emissions a year

clock • 2 min read
Between 2013 and 2020, participants in BEIS's Climate Change Agreements scheme have slashed 23.8 million tonnes of CO2e
Image:

Between 2013 and 2020, participants in BEIS's Climate Change Agreements scheme have slashed 23.8 million tonnes of CO2e

A new report has assessed the emissions reductions achieved by participants in the government’s primary climate tax incentive scheme

Businesses receiving tax benefits for taking climate action collectively slashed 6.6 million tonnes of CO2e between 2019 and 2020, a new report has revealed. The biennial progress report on the government's...

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

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
Global Briefing: Denmark to charge farmers €100 per cow in 'world first' carbon tax

Global Briefing: Denmark to charge farmers €100 per cow in 'world first' carbon tax

Denmark to implement carbon tax on livestock emissions, €1bn Baltic Sea wind project enters delivery phase, and plans advance for a new 'carbon neutral' EV tyre factory

Stuart Stone
clock 28 June 2024 • 7 min read
Smarter taxation can help the UK reclaim its lost ambition for green growth

Smarter taxation can help the UK reclaim its lost ambition for green growth

Unless the UK invests now in the green economy, the cost later – in offsetting the damage and trying to catch up with global competition – will be orders of magnitude higher, argues CBI chief executive Rain Newton-Smith

Rain Newton-Smith, CBI
clock 13 May 2024 • 3 min read