The negative effects of climate change become more obvious and drastic by the year. Climate change does not only increase global temperatures, but it also plays a huge role in weather extremes and natural disasters such as wildfires.
With the scrapping of the Carbon Reduction Commitment (CRC), the Government has decided to offset the loss in revenue to the Exchequer by increasing the rates of CCL with effect from the 1st April 2019. Below is a table that shows the current rates and the promulgated increases for the coming years:
A CCA is a voluntary contractual agreement between an organisation and the Government Regulator – in this case, the Environment Agency (EA). The organisation, usually an industrial company, agrees to report energy use against a target to the EA.
The need to phase out the use of traditional fuels is now higher than ever before, with many procedures being put into place globally to help achieve this. Car manufacturers, such as Maserati, are coming up with innovative ways to phase out the need for all fuel and enhance the demand for electric and hybrid vehicles. This all stems from several countries government’s, including the United Kingdom and Germany, announcements of aiming to ban the production of all diesel and petrol-fuelled cars by 2040.
Climate change has been a major global issue for many years now. Agreements have been put in place and hundreds of countries are implementing innovative practices to reduce the effects of global warming. However, recent results in the Arctic show that global warming is taking its toll on the North and predictions state that there may be no ice in the Arctic by summer 2040.