Bloomberg: U.K. Chancellor of the Exchequer George Osborne offered tax breaks to low emissions vehicles while promising support for shale gas developers and energy- intensive industries in his annual budget today.
Osborne told lawmakers the U.K. will support the manufacture of ultra-low emission vehicles with tax incentives. He also said hell bring in a generous new tax regime to promote early investment in shale gas, and will exempt ceramics and other industries from the climate change levy, a tax...