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Budget was a missed opportunity on decarbonisation, said Logistics UK
The Chancellor’s spring Budget last week (15 March 2023) represented a missed opportunity to encourage logistics businesses to decarbonise their operations, Logistics UK has said.
Given that the utilisation of low-carbon fuels, including hydrotreated vegetable oil (HVO), LNG and CNG can help operators reduce GHG emissions by up to 80%, the business group expressed its disappointment that the Budget contained no incentives for operators to transition to these fuels.
Michelle Gardner, Deputy Director – Public Policy, Logistics UK, said: “While there was much to be pleased about in the Chancellor’s spring Budget, most notably the decision to freeze the level of Fuel Duty at 52.95 pence per litre, it was disappointing to discover that there was no announcement about incentives to encourage the wider uptake of low-carbon fuels.”
There was also no mention of a long-term plan to provide confidence for fleet operators to invest in low-carbon vehicles, and a complete dearth of information on funding depot charging for electric vehicles.
“We are calling for a fair and equitable approach to funding depot charging for electric vehicles, with a greater share of the cost of additional energy connections borne by energy networks,” Gardner said, “It is disappointing that there were no updates on this, given the role that depot charging will play in decarbonising logistics.”
*www.logistics.org.uk/environment
Published On: 23/03/2023 16:00:45
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