Apr
17
Energy and climate change series – v
Tax them or let them fight it out amongst themselves
Environmental or Carbon taxes are never popular as people cannot see CO2, nor the environment, a bit like the wood for the trees on this one, and no tax is ever popular anyhow. So, governments shy away from this type where they can. Britain in the rich world has been particularly shy, reducing its percentage of tax income from environmental taxes by 1.68% 1996-20071. This has been despite a labour (new) government who sings the environment song fairly often these days.
The best the new budget of the year could do was to talk about plastic/carrier bags and how they must be reduced, and the government might want to tax them.
Environmental or Carbon taxes are never popular as people cannot see CO2, nor the environment, a bit like the wood for the trees on this one, and no tax is ever popular anyhow. So, governments shy away from this type where they can. Britain in the rich world has been particularly shy, reducing its percentage of tax income from environmental taxes by 1.68% 1996-20071. This has been despite a labour (new) government who sings the environment song fairly often these days.
The best the new budget of the year could do was to talk about plastic/carrier bags and how they must be reduced, and the government might want to tax them.