Think tank suggests 'green tax' shakeup

A think tank is helping rethinking of taxation, pushing the UK meeting of its environmental objectives.

And its proposals covering business, budget and transport emissions are introducing a steep rise in fuel duty and a tax on new cars.

The proposals are set up in the final report of the Green fiscal Commission (GFC), an independent body to the operation of environmental taxes, and the public reaction to examine included. The Commission work centres around moving from taxation of clean activities, e.g. labour that cause environmental damage.

In addition to his recommendations of GFC argued fuel duty over the next decade - a move that could gasoline to around £ 2 per litre - and for a £ 300 green tripled tax on new cars that would rise to £ 3300 by 2020.However, the extra income would be offset by reductions in tax and social security.

The report author of Paul Ekins, Professor of energy and environment policy at the University College London, explains that changes on the economy would be almost neutral but taxation system would move where the polluter pays.

"" It's really a matter of moving a way of thinking,"he said.""We have had it as an energy is cheap, so we were wasteful."

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