Failure to prepare for EV switch will soon take its toll

clock • 3 min read
Overnight Briefing
Image:

Overnight Briefing

The whispers in Whitehall indicate a cut to fuel duty could well be on the way as part of tomorrow's Spring Statement. Chancellor Rishi Sunak hinted pretty strongly over the weekend that he was keen to do something to ease fuel costs and it is abundantly clear the government needs to take some big visible steps to ease the cost of living crisis if it wants to avoid a media shellacking. 

Environmental and economic logic suggest cutting fuel duty would be deeply foolish. It runs counter to the government's environmental goals, it is an expensive and regressive move that benefits richer...

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 developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join now Try 7 day trial

 

Already a BusinessGreen
member?

Login

More on Editor's Blog

Not so moral money?

Not so moral money?

Stuart Kirk's insistence investors do not need to worry about climate risk fundamentally misunderstands both climate change and risk

James Murray
clock 20 May 2022 • 11 min read
Overnight Briefing

Heating up nicely

clock 18 May 2022 • 5 min read
Overnight Briefing

Jetting away with it?

The aviation’s industry’s decarbonisation efforts are in the midst of a battle between two competing narratives.

clock 17 May 2022 • 3 min read