Treasury mulls road-charging plan, as Number 10 preps early phase out date for fossil fuelled cars

James S Murray
clock • 3 min read

The Treasury is reportedly exploring how to tackle the £40bn budget hole that will result from the shift away from the internal combustion engine

The Treasury is working on detailed proposals for a new national road-charging plan, amidst growing fears the shift to electric vehicles (EVs) could result in a £40bn black hole in the national accounts...

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

Can the EU Industrial Accelerator Act spark Europe's green industrial revolution?

Can the EU Industrial Accelerator Act spark Europe's green industrial revolution?

Clean tech and low-carbon materials are at the heart of proposals to increase manufacturing's share of EU GDP to 20 per cent by 2035 - but do the plans go far enough?

Stuart Stone
clock 05 March 2026 • 8 min read
The disconnect between government and public perception risks undermining faith in net zero

The disconnect between government and public perception risks undermining faith in net zero

When it comes to clean technologies such as EVs and heat pumps, the government must meet public opinion where it is, not where they think it ought to be, writes Chris Annous from More in Common

Chris Annous, More in Common UK
clock 02 March 2026 • 4 min read
Farmers are highly valued by the UK public - but they need government backing to protect our food supply

Farmers are highly valued by the UK public - but they need government backing to protect our food supply

Our research found a clear understanding among the UK public about the severity of climate change and its impacts farmers and food supply, writes Hayden Banks from Climate Outreach

Hayden Banks, Climate Outreach
clock 27 February 2026 • 4 min read