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

Government eyes stronger consumer safeguards for green home retrofits

Government eyes stronger consumer safeguards for green home retrofits

Insulation installers could face bans or fines for failing to meet minimum performance standards, under plans released for consultation today

Michael Holder
clock 17 June 2026 • 4 min read
If Keir Starmer wants to secure his legacy, there is a growth plan ready and waiting for him

If Keir Starmer wants to secure his legacy, there is a growth plan ready and waiting for him

The promised Circular Economy Growth Plan is now six months overdue, yet it could deliver resilience, competitiveness, growth and energy security, writes Libby Peake from Green Alliance

Libby Peake, Green Alliance
clock 17 June 2026 • 4 min read
'Not good enough for the environment': Defra opposes proposed Thames Water rescue deal

'Not good enough for the environment': Defra opposes proposed Thames Water rescue deal

Environment Secretary Emma Reynolds writes to Ofwat to express her opposition to multi-billion-pound turnaround plan for debt-ridden water company proposed by lenders L&VW

Michael Holder
clock 16 June 2026 • 3 min read