Treasury urged to insulate homes with carbon tax revenues

Jessica Shankleman
clock

New report accuses government of hypocrisy over failure to recycle revenues from emissions trading and carbon price floor

A coalition of businesses and NGOs has accused the Treasury of hypocrisy over its refusal to use proceeds from carbon taxes to insulate the UK's housing stock. A new report, authored by an ex-Treasury...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Taxation

Heat batteries can play a key role in decarbonising homes - but they need Treasury support

Heat batteries can play a key role in decarbonising homes - but they need Treasury support

Extending VAT relief to include heat batteries is crucial if this technology is to reach the households that need it most and help the UK meet its decarbonisation goals, writes former DESNZ Minister Lord Callanan

Lord Callanan
clock 17 October 2025 • 3 min read
Reports: Rachel Reeves mulls plans to cut VAT on energy bills

Reports: Rachel Reeves mulls plans to cut VAT on energy bills

Chancellor said to be considering a range of policy interventions to curb energy bills and help ease cost of living pressures

James Murray
clock 15 September 2025 • 5 min read
'Electricity prices must come down': Chancellor urged to back reforms that could save households £370 a year

'Electricity prices must come down': Chancellor urged to back reforms that could save households £370 a year

Coalition of businesses, investors, and climate groups call on Rachel Reeves to move the cost of legacy renewables schemes into general taxation

James Murray
clock 15 May 2025 • 5 min read