‘More than half of Britons approve of strong and consistent carbon pricing’

Around 57% of the public would also support a policy to increase taxes on polluting businesses, according to a new report

Festival Net Zero 2021

More than half of Britons approve of strong and consistent carbon pricing.

That’s according to new public opinion research by the Zero Carbon Campaign, which suggests 59% and 63% of respondents respectively supported Ireland and Canada’s
policies of levying carbon charges on gas and fossil fuel companies.

The poll also shows 57% of the respondents would support policy increasing taxes on polluting businesses.

When asked how they would prefer increased environmental taxes to be spent, 46% of the respondents wanted to see revenues spent on environmentally friendly solutions, 31% wanted to see them kept as investments on public services and 30% wanted them used to expand green sources of energy.

Sam Fankhauser, Director of the Grantham Institute at LSE and member of the Zero Carbon Commission, commented: “The government’s future proposal for a UK emission trading scheme does not go far enough to discourage the production of greenhouse gas emissions.

“We need to introduce a stronger, more consistent carbon price signal across more sectors of the economy if we want to accelerate the transition to a low carbon economy. A clear price trajectory, which is consistent with the government’s net zero ambition, can enable businesses and consumers to adapt and provide greater certainty for investors in low carbon technologies.”

Latest Podcast