What is the role of tax in incentivising emissions reductions?
Background
The tax section concerns HM Treasury’s understanding and strategic oversight of business, environmental, transport, property, VAT, excise taxes and customs duties that together raise revenue of over £250 billion a year. This is vital to fund essential public services, while working to support the Government’s wider agenda – including building strong foundations from which to drive economic growth and make Britain a clean energy superpower.
Next steps
Get in touch with HMTResearch@hmtreasury.gov.uk
Source
This question was published as part of the set of ARIs in this document:
Topics
No topics assigned yet
Research fields
No research fields assigned yet
Related UKRI funded projects
-
ACHIEVE: ACHIEVING HIGH-INTEGRITY VOLUNTARY CLIMATE ACTION
In recent years an unprecedented number of voluntary climate commitments have been made by a wide array of non-state and subnational actors. These voluntary climate actions aim to reduce greenhouse gas emissions and buil...
Funded by: Horizon Europe Guarantee
Why might this be relevant?
Partially relevant as it focuses on voluntary climate action rather than tax incentives for emissions reductions.