Green twists in British pre-budget report

A preview of the UK budget for fiscal year 2004-05 issued on Wednesday contained a range of environmental measures. They include further steps to encourage business energy efficiency and support the development of the EU greenhouse gas emission trading scheme. The government also published a proposed framework for future taxation of alternative road fuels, outlined changes to an existing waste landfill tax, and promised to consult early next year on the possible use of economic instruments to tackle diffuse water pollution. See pre-budget report and press release.

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