Climate Change Committee calls for higher tax on household gas

13 Dec 2021

Following COP26, the Climate Change Committee (CCC) has urged the government to introduce a higher tax on household gas.

In its recommendation to the government, the Committee stated that taxes should be used to make fossil fuel heating more expensive to help reach the government's Net Zero ambitions.

The CCC also recommended that the Treasury initiates a review of the role of the tax system in delivering Net Zero, including the role of tax in achieving a higher and more consistent carbon price across the economy.

The CCC said that funding should be doubled so that key climate finance commitments can be properly adapted.

Commenting on the matter, Lord Deben, Chair of the CCC, said: 'Glasgow was a step forward in global efforts to address climate change, including a genuine increase in ambition to reduce emissions worldwide. We also saw important technical advances, with new rules agreed for reporting emissions and on international carbon trading, and multiple initiatives and sector deals. This is real and welcome progress, but success depends on what happens now.'

What our clients say


Home | Contact us | Site map | Accessibility | Disclaimer | Help | © 2024 Reddy Siddiqui LLP. All rights reserved.

Reddy Siddiqui LLP, 183-189 The Vale, Acton, London W3 7RW

Reddy Siddiqui is the trading name of Reddy Siddiqui LLP, a limited liability partnership. This firm is registered to carry on audit work in the UK and Ireland by the Institute of Chartered Accountants in England and Wales. Registered office is 183-189 The Vale, London W3 7RW. Registered in England and Wales No. OC417809

We use cookies on this website, you can find more information about cookies here.