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The UK needs a carbon tax to finance its future

By Peter Bachmann

March 14, 2023
Ørsted’s Burbo Bank Extension windfarm. The Danish company is among the green energy producers urging greater UK funding. (Photo: Ørsted)

A progressive carbon tax on fossil fuels is crucial to funding the UK’s climate agenda – and its ability to compete with the US Inflation Reduction Act. The Spring Budget is just around the corner and the interdepartmental quarrelling has reached a crescendo, with defence looking set to receive the ...

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