Yesterday’s Budget announcement from George Osbourne was disappointing in its lack of green measures and support for polluting industries.
At a time when the Chancellor could have supported low-carbon infrastructure, his policies have instead focused on road building, shale gas and subsidising carbon intensive industries.
Key policies within the Budget 2013 include:
- Tax-breaks to encourage the development of shale gas
- subsidising petrol use by halting the fuel price escalator
- exempting the carbon-intensive ceramics industry from the Climate Change Levy
- new support for road building