UK Budget 2012 lacks low carbon economy and leadership
- 21 March 2012
Mark Kenber, CEO, The Climate Group, comments on the Budget presented by the Chancellor of the Exchequer to Parliament today: “I am concerned about the focus that the Budget took on fossil fuels; specifically the Government’s plan to introduce a package of oil and gas measures to secure billions of pounds of additional investment in the UK Continental Shelf. In 2010 David Cameron pledged to become the “greenest government ever” and with announcements like this it looks doubtful. To drive forward clean technologies we need a government that is willing to invest in low carbon technologies while displaying strong and inspiring leadership.
“That said, I am very pleased to note that the Government is extending the 100% FYA (first-year allowance) for businesses purchasing low emissions cars until March 31 2015. The Climate Group’s EV20 Plugged-In Fleets report which was published in February 2012 highlighted that electric vehicles (EVs) can be commercially viable in business fleets. The report found that outside London there are sweet spots where an EV can save 7p per mile compared to a conventional vehicle and an electric van in central London will benefit from 100% Congestion Charge discount.
“As a bonus, it would have been fantastic to see households struggling with raising living costs being encourage by the Government to invest in energy-saving technologies which would reduce the strain on the family purse.
“We believe that there are fiscal opportunities for the implementation of clean technology that the Government is missing out on and we look forward to working with them to address this.”
Full Budget 2012