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The Low Carbon Economy Ltd

10 Mar 2008 01:03:35

Budget 'to include green provisions'



Budget 'to include green provisions'
Transport is expected to be an area noted as needing improvement in the upcoming "green budget" to be announced by chancellor Alistair Darling on Wednesday, the Telegraph reported.

It is thought the budget may include provisions for a new showroom tax on so-called "gas-guzzlers", which could increase the sale price of larger 4x4s and estate cars by up to £2,000.

Top-level Vehicle Excise Duty (VED) is also expected to be increased in the announcement to further penalise drivers of vehicles with the highest carbon emissions, while fuel duty may also increase by 2p, the newspaper reported.

Last month, the London Low Emission Zone scheme launched in the capital. Vehicles are monitored using a system of mobile and fixed cameras to determine whether they meet Low Emission Zone requirements and may have to pay a charge if they do not qualify for a discount or exemption.

In addition, the budget is expected to include plans for a voluntary scheme where energy firms can provide financial help to the 4.5 million UK residents currently living in fuel poverty.ADNFCR-1235-ID-18501800-ADNFCR


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