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United Kingdom: Treasury urged to insulate homes with carbon tax revenues

2014-02-10 03:38:22| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: A coalition of businesses and NGOs has accused the Treasury of hypocrisy over its refusal to use proceeds from carbon taxes to insulate the UK's housing stock. A new report, authored by an ex-Treasury economist for campaign group Energy Bill Revolution, made up of nearly 200 UK charities, businesses, unions, consumer and health groups, highlights how the Treasury's decision to retain proceeds from emissions trading and the carbon floor price is something of an anomaly. Revenues from other policies...

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