The carbon tax
Article Abstract:
A carbon tax was proposed in the European Union (EU) to stabilise emissions of carbon dioxide and prevent global warming. Such a tax would be effective if demand were elastic, or responded to price changes. Political opposition to a tax on energy in the UK has been strong. Gas power stations are replacing coal fired stations in the UK, and gas involves lower emission levels. The US has not decided to adopt a carbon tax, and the EU is concerned that this would give the US an unfair advantage. Poorer EU countries oppose a carbon tax. The issue has been left for individual EU governments to decide.
Publication Name: British Economy Survey
Subject: Business, international
ISSN: 0263-3523
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
Government and housing policy
Article Abstract:
The UK Government had previously intervened in housing to ensure people on a low income were able to afford a home but the Government has become less involved in housing since the 1980s. Interventions have taken many forms. Social housing is provided by housing associations which receive funds from the Government sponsored Housing Corporation. Private house owners have been given tax relief. Whilst rent controls have been placed on rented houses to make them more accessible for low-income groups but as a result they have become a less attractive investment for landlords.
Publication Name: British Economy Survey
Subject: Business, international
ISSN: 0263-3523
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
Section 3: The public sector; the Standing Advisory Committee on Trunk Road Assessment report; assessisng the environmental impact of road schemes
Article Abstract:
The Standing Advisory Committee on Trunk Road Assessment (SACTRA) report used cost-benefit analysis to assess what effect new road schemes would have on their surroundings. They could include air and noise pollution, destruction of buildings and effects on animals and plants. The SACTRA report says environmental aspects should be taken into account from the start of planning. The monetary aspects of such planning need to be considered by public and politicians.
Publication Name: British Economy Survey
Subject: Business, international
ISSN: 0263-3523
Year: 1992
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Controls work in theory. The real business at hand for APEC is for Asian nations to start putting their houses in order
- Abstracts: Planning for the people. Developers on the defensive: With challenges to planning decisions rising, clients should regard an environmental statement as a form of insurance
- Abstracts: Europe in cyberspace. A little EMU enlightenment: the debate about Europe's single currency has been blighted by the passions of extremists on both sides
- Abstracts: Tax harmonisation. Funding the National Health Service. The effectiveness of interest rate changes
- Abstracts: E-commerce: speculative bubble or engine of economic growth? The Millennium Dome: triumph or disaster?