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The Low Carbon Economy Ltd

02 Jun 2011 10:06:06

Govt green taxes impacting on energy research

Govt green taxes impacting on energy research
Environmental taxes are hindering research into green energy in the UK, experts in the field have claimed.

Speaking to the Guardian, Sue Ferns, head of research at Prospect, suggested there should be exemptions from such levies for research which contributes directly to government policy – such as mitigating climate change.

Among the most burdensome of the initiatives was said to be the Carbon Reduction Commitment (CRC), which covers all large public and private sector organisations and is intended to boost energy efficiency.

However, Ms Ferns said it encourages research organisations to run their equipment less, therefore reducing productivity.

"Even if it doesn't lead to substantial job losses, these are world-class scientists and every job, every piece of research makes a difference," she told the news provider.

Companies that do not comply with the CRC scheme will face financial penalties and the government confirmed in its Budget in March that allowances for 2011/12 will be priced at £12 per tonne of CO2.  ADNFCR-1235-ID-800563390-ADNFCR

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