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U.K. Pledges Tax Breaks for Shale Gas, Low Emissions Cars

2013-03-20 10:01:00| Climate Ark Climate Change & Global Warming Newsfeed

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...

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Category:Electronics and Electrical

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