RINF.COM: THE BREAKING NEWS ALTERNATIVE
|
![]() |
BREAKING NEWS |
UK Budget 2008: What it Means to You
Wednesday, March 12th, 2008
High-polluting vehicles will be hit harder, but incentives for green cars will be introduced and fuel duty rises shelved, announced Chancellor Alistair Darling in his 2008 budget. Fuel duty A rise of 2p per litre had been planned, but pressure from lobby groups and consumer unrest at the high cost of motoring has led to Darling shelving the plans. But fuel duty will rise by 0.5p per litre in real terms in 2010, warned the Chancellor. Road tax From 2010 cars that emit less than 130g/km - the proposed EU target for fleet-wide emissions by 2012 - will pay no car tax at all in the first year. A higher first year rate will be introduced on the most polluting cars. Currently a Band G vehicle that emits more than 225g/km pays £300 per year. ‘It is right that if people choose to buy a more polluting car that they should pay more in the first year to reflect the environmental cost,’ Darling said. Biofuels Darling has scrapped the tax break on biofuels due to environmental concerns about the sustainability of biofuel crops. Instead the government will press ahead with existing plans to require petrol and diesel to include 5 per cent biofuel by 2010. Other measures Announcements on a showroom tax on so-called gas-guzzlers of up to £1,000 and laws that would force oil companies to develop more sustainable biofuels were not announced. A report published alongside the budget called for -whole-life running costs of cars to displayed on new cars and clearer environmental information on advertising provided by manufacturers to indicate the relative greenness of their cars. See More:UK NewsHave Your Say: UK Budget 2008: What it Means to You Please note, only selected comments will be published. Or discuss this report in our new forums This entry was posted on Wednesday, March 12th, 2008 at 2:43 pm and is filed under General, Political News . You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site. |
Translations![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
Free Newsletter
Related News
Email This Page To A Friend Latest Headlines
More Breaking News Archive |
The views expressed in the RINF news wire and newsletter are the sole responsibility of the author (s) and do not necessarily reflect the views of the webmaster. RINF.COM: Breaking News & Alternative Media is Copyleft - Copy & Distribute Freely. News Forum |