Budget 2016: Osborne accused of ignoring Paris Agreement with fossil fuel tax breaks and clean energy tax hike

James Murray
clock • 9 min read

Green business groups welcome retention of mandatory carbon reporting rules and increased flood protection funding, but fears remain over support for low-carbon transition

Chancellor George Osborne today announced a "Budget for the next generation", but immediately drew fire from green groups for failing to take bolder steps to protect young people from escalating climate...

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 Policy

Carbon Budget: Government adopts target to slash UK emissions 87 per cent by 2040

Carbon Budget: Government adopts target to slash UK emissions 87 per cent by 2040

Government formally tables legislation in Parliament to adopt Seventh Carbon Budget goal to reduce UK greenhouse gas emissions to 87 per cent below 1990 levels by 2040

Michael Holder
clock 02 June 2026 • 8 min read
'A powerhouse for investment': Reaction to the latest net zero economy data

'A powerhouse for investment': Reaction to the latest net zero economy data

Politicians, business leaders, economists, and climate campaigners offer their take on new analysis showing the UK's net zero industries generated £105bn for the UK last year

BusinessGreen staff
clock 02 June 2026 • 9 min read
US SEC moves to roll back climate risk disclosure rules

US SEC moves to roll back climate risk disclosure rules

Regulator formally proposes plan to rescind 2024 rule requiring listed companies to report on climate-related risks

James Murray
clock 01 June 2026 • 3 min read