Remove 2008 Remove Climate Change Remove Fuel Tax Remove News
article thumbnail

UK Government Pre-Budget Report Offers Tax Exemptions for EVs, £30M in Additional Support for Low-Carbon Vehicles; Annual Fuel Tax Increases and End of Duty Differential for Biofuels

Green Car Congress

In the Pre-Budget Report (PBR) released on 9 December, UK Chancellor Alistair Darling announced that all electric cars will be exempt from Company Car Tax (CCT) for 5 years and electric vans will be exempt from Van Benefit Charge (VBC) for the same period. The PBR also has news of an additional £30 million (US$48.5 Earlier post.).

Tax 186
article thumbnail

Study Finds That CO2 Standards for Vehicles Can Reduce Price of Oil

Green Car Congress

The good news is that the economic benefits of reducing energy use in transport are greater than they were previously thought. The dangerous part is with the price of oil likely to drop, demand for fuel will go up. Tags: Climate Change Electric (Battery) Emissions Europe Hybrids Hydrogen Oil.

Oil 150