Road transport electrification and motoring taxation in the UK

Santos, G. ORCID: https://orcid.org/0000-0002-8446-8297 and Cornford, C. 2024. Road transport electrification and motoring taxation in the UK. Energy Reports 11 , pp. 4326-4337. 10.1016/j.egyr.2023.12.017

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Abstract

Using the Future Energy Scenarios from National Grid ESO we estimate fuel duty and VAT on fuel duty revenues from cars and vans in the UK through to 2050. We find that fuel duty and VAT on fuel duty receipts from cars and vans decrease under all scenarios. The most ambitious scenarios in terms of decarbonization, are the most problematic in terms of government revenues, which are virtually eroded by 2040. The implications are serious and require urgent action. Given that these revenues are set to all but disappear within less than two decades, a new set of road taxes needs to be introduced as a matter of urgency, potentially replacing fuel duties.

Item Type:	Article
Date Type:	Publication
Status:	Published
Schools:	Geography and Planning (GEOPL)
Publisher:	Elsevier
ISSN:	2352-4847
Funders:	EPSRC
Date of First Compliant Deposit:	12 December 2023
Date of Acceptance:	5 December 2023
Last Modified:	17 Jun 2024 09:30
URI:	https://orca.cardiff.ac.uk/id/eprint/164775

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