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The Ice Caps are Melting

John Manning, tax partner, PricewaterhouseCoopers LLP, looks at whether the contents of the Chancellor of the Exchequer's Red Box on 22 March were green enough

 
John Manning tax partner PricewaterhouseCoopers LLP looks at whether the contents of the Chancellor of the Exchequer's Red Box on 22 March were green enough
 
The ice caps are melting oil is running out and nobody wants a nuclear power plant in their back yard. Compared to all that the challenge of environmental taxes should be simple! But is it?
 
The environment has moved up the political agenda in recent months but the messages are somewhat mixed. The environmental tax take as a percentage of both GDP and total taxes and social contributions has fallen every year since 1999 while UK emissions...

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