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PBR 'to target the gas-guzzlers'. By Dan Martin

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24th Nov 2006
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Airline passengers and drivers of gas guzzling cars such as the much criticised 4x4s face higher taxes as a result of Gordon Brown's upcoming pre-budget report, the 'Financial Times' claims.

According to details revealed to the newspaper, the chancellor is preparing to hike up the top rate of duty on the most polluting new cars as well as increasing air taxes.

It claimed that the move represents an attempt by Brown to steal a march on Tory efforts on the environment and a response to the recent Stern report on climate change.

The FT said Whitehall insiders indicate that the chancellor believes indirect taxes against the biggest sources of carbon dioxide emissions could help persuade drivers to opt for less-polluting vehicles. However, it is believed he is opposed to a larger package of "green taxes" much trumpeted by environmentalists and rival political parties.

The newspaper also claimed that rather than remove the freeze on the fuel duty "escalator" introduced by Brown in 1999, he will use the PBR to back an international carbon trading market to cut emissions.

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By mikewhit
02nd Jan 2007 11:28

All that gas
Perhaps as previously the chancellor has given reductions for cars converted to run on gas, we need a better term than "gas guzzlers" ... "petroholic" ?

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