Smarter taxation can help the UK reclaim its lost ambition for green growth

clock • 3 min read

Unless the UK invests now in the green economy, the cost later – in offsetting the damage and trying to catch up with global competition – will be orders of magnitude higher, argues CBI chief executive Rain Newton-Smith

Green scepticism has been getting a lot of political airtime recently. Pessimism always does. Questions have been raised about whether it's worth investing in green - whether it can really drive growth....

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 Taxation

Cutting clean investment in the Spring Statement would be bad economics and poor politics

Cutting clean investment in the Spring Statement would be bad economics and poor politics

The Spring Statement and upcoming Spending Review cannot afford to de-prioritise investment in the clean transition, as it is crucial for the government's growth mission, writes Esin Serin from LSE's Grantham Institute on Climate Change and the Environment...

Esin Serin, LSE's Grantham Institute on Climate Change and the Environment
clock 24 March 2025 • 5 min read
The EU carbon border levy has gaps - a 'climate contribution' policy could fill them

The EU carbon border levy has gaps - a 'climate contribution' policy could fill them

The proposed two-year CBAM delay underscores the urgent need for a bridging policy instrument, writes Misato Sato from LSE's Grantham Research Institute on Climate Change and the Environment

Misato Sato, Grantham Research Institute on Climate Change and the Environment
clock 12 February 2025 • 4 min read
Budget 2024: A missed chance to unleash the potential of green gilts

Budget 2024: A missed chance to unleash the potential of green gilts

A green gilt programme could fulfil extra borrowing capacity, unlock private investment in net zero, and hold the UK's climate ambitions to account, writes IEEFA's Kevin Leung

Kevin Leung, IEEFA
clock 11 November 2024 • 4 min read