Green recovery: MPs call for VAT breaks for energy efficiency, electric vehicles and circular economy. MPs are urging Boris Johnson’s Government to take a broader “green recovery” approach, going beyond low-carbon electricity and transport to provide policy supports for nature restoration and the circular economy. The calls to action have been made through the Environmental Audit Committee’s (EAC) latest major report, published today (17 February) and entitled ‘Growing Back Better: Putting Nature and Net-Zero at the Heart of the Economic Recovery’. While the Prime Minister’s Ten-Point Plan for a green industrial revolution points in the right direction, the report argues, the UK’s broader approach to the economic recovery from Covid-19 cannot be labelled completely “green”. Moreover, the EAC has heard evidence that businesses within some of the sectors highlighted in the Ten-Point Plan, including heavy industry and transport, do not feel it gives enough long-term certainty to be “investible”
Edie 17th Feb 2021 read more »
Environmental Audit Committee Chair Philip Dunne talks to BusinessGreen about the need for ‘a tax system fit for net zero Britain’ and the right time to judge whether the government has delivered on its green recovery promises. MPs are urging the government to use the upcoming Budget to usher in a major transformation of the tax system to align the UK’s spending plans with its net zero and biodiversity commitments.
Business Green 17th Feb 2021 read more »