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

Rule change removes 'one of the biggest hurdles' to heat pump adoption

Rule change removes 'one of the biggest hurdles' to heat pump adoption

Government confirms number of heat pump grant applications fell last month, but removal of 'restrictive' planning rules should boost market during second half of year

Stuart Stone
clock 30 May 2025 • 5 min read
Government warned cutting farming incentives would leave nature targets 'in tatters'

Government warned cutting farming incentives would leave nature targets 'in tatters'

Farmers and green groups call on government to avoid cutting back Sustainable Farming Incentives in upcoming Spending Review

Michael Holder
clock 29 May 2025 • 6 min read
Biodiversity Net Gain: Government seeks 'streamlined' rules to speed up small-scale housebuilding

Biodiversity Net Gain: Government seeks 'streamlined' rules to speed up small-scale housebuilding

Proposed reforms to BNG rules and local planning process spark fierce criticism from environmental groups

Michael Holder
clock 27 May 2025 • 7 min read