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

James S Murray
Author spotlight

James S Murray

View profile
More from James S Murray

Food and Drink Federation launches new Nature Handbook

Geely Auto teams up with Octopus EV for UK launch

More on Policy

The UK has a 'bewildering array' of carbon removal options - can it now take them to scale?
Policy

The UK has a 'bewildering array' of carbon removal options - can it now take them to scale?

Government-commissioned review delivers a raft of recommendationsaimed at removing the numerous regulatory and technical barriers faced by the fledgling greenhouse gas removals sector

Michael Holder
Michael Holder
clock 23 October 2025 • 9 min read
Clean Power 2030: Tony Blair Institute calls for 'reframing' of flagship target
Policy

Clean Power 2030: Tony Blair Institute calls for 'reframing' of flagship target

Government signals it is prepared to miss goal if costs prove excessive, as influential think tank recommends target should be kept but with a sharper focus on cheaper energy

James Murray
James Murray
clock 23 October 2025 • 7 min read
The ECO scheme isn't working - more courageous policy is needed to decarbonise UK homes
Policy

The ECO scheme isn't working - more courageous policy is needed to decarbonise UK homes

Following the ECO energy efficiency scheme's systemic failures, the UK now needs a major rethink in its policy approach to funding home retrofits, writes Ewan Archer-Brown and Professor Jan Rosenow from the University of Oxford

Jan Rosenow and Ewan Archer-Brown, University of Oxford
clock 22 October 2025 • 5 min read