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Emergency Budget 2010: the environment. Pearson May News Update - Tuesday 22 June
- Emergency Budget 2010: tough measures for tough times
- Emergency Budget 2010: support for businesses
- Emergency Budget 2010: the environment
- Emergency Budget 2010: companies see corporation tax reduction
- Emergency Budget 2010: millions get income tax break
- Emergency Budget 2010: employers get national insurance boost
- Emergency Budget 2010: pensions to be subject of reviews
- Emergency Budget 2010: Speech headlines
Emergency Budget 2010: the environment
The government has confirmed that it will be creating a Green Investment Bank.
The Bank will be used to promote investment in clean energy and green technologies.
The government will also be reassessing the climate charge levy this autumn so that it "provides more certainty and support for the carbon price". The review will cover the energy tax framework, which may be overhauled.
There are to be no increases in fuel duty, but a scheme to switch air duty from a per-passenger to a per-plane levy will be looked at in the autumn.
The government gave its backing to incentives for buying low emissions cars as set out in the last Budget.
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