Car makers may be excited by the uptake in electric cars but in Whitehall, the men and women from the Ministry are wringing their hands.
You see, EVs may be helping to save the planet but they’re doing little to balance the books of UK PLC since, as is well known, they attract neither road tax nor fuel duty. As 2030 approaches, this perk will become a luxury the country can no longer afford.
This was the message from the House of Commons Transport Select Committee that met recently to discuss the issue and the possible ways forward. One solution, the MPs suggested, is road pricing. Sound familiar? In fact, UK policymakers first raised it in the Smeed Report of 1964 when they recommended congestion pricing on UK roads. It was a political hot potato that governments have kept under lock and key – until now.
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