Two damning studies out this weekend:
- In 1998, the proportion of GDP raised by environmental taxes was in 3.6% of Gross Domestic Product (GDP). Next year, the Treasury is to raise 2.8% of GDP from environmental taxes, such as fuel, vehicle excise and air passenger duties.
- The National Audit Office says that Britain's greenhouse gas emissions are 12% higher than claimed by Labour. Labour’s figures exclude aviation, shipping, British businesses operating abroad and emissions caused by Britons holidaying overseas.
On the first point, they're just not using green taxes to encourage the right sort of behaviour. Instead, they're cutting back on the impact of green tax upon the economy.
On the second point, well, that's just Enron-esque, isn't it?
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