The No10 party scandal has prompted talk of a Conservative leadership contest being more likely than not, which could see Rishi Sunak or Liz Truss become Prime Minister. In a universe where the Foreign Secretary becomes the more important politician, Net Zero could run into trouble.
Worth remembering that when thirty years ago as Chancellor Ken Clarke first introduced VAT on residential fuel, he justified it by pointing out that it was an absurd anti environmental tax distortion to tax energy conservation measures at full rate, whilst energy consumption was zero rated.
Thanks for very useful roundup of options. However the charities and climate campaign groups referred to (including ourselves, Fuel Poverty Action) did NOT call for ECO costs to be taken on by the Treasury, tho the letter has been misreported this way. Quite the opposite. Could you look again and correct this please? The distinction is really important. Ruth London
Worth remembering that when thirty years ago as Chancellor Ken Clarke first introduced VAT on residential fuel, he justified it by pointing out that it was an absurd anti environmental tax distortion to tax energy conservation measures at full rate, whilst energy consumption was zero rated.
Thanks for very useful roundup of options. However the charities and climate campaign groups referred to (including ourselves, Fuel Poverty Action) did NOT call for ECO costs to be taken on by the Treasury, tho the letter has been misreported this way. Quite the opposite. Could you look again and correct this please? The distinction is really important. Ruth London
why are the subsidies & tax breaks given to the oil and gas industry never mentioned?