- Where We Work
- Who We Are
- Info & Tools
The Chancellor has announced £100m support for driverless cars and slower rises in Company Car Tax for ultra low emission vehicles (ULEVs) in Budget 2015. In other measures, Mr Osborne has again frozen duty on petrol and diesel and provided support worth £1.3bn for the North Sea oil industry which has been hit by lower oil prices.
New research published by the Automotive Council shows that in 2014 British component-makers sold 19% more products to UK vehicle producers than the year before with around one third of the components in a UK-built car domestically sourced.
Eight specialist companies, dynamic innovators in low carbon road transport, were showcased at a Parliamentary event in the House of Commons by the LowCVP in early March. A new report from Cambridge Econometrics was launched a the event. The report shows how the drive for low carbon road transport is – and will continue to be - good for motorists, good for the economy, jobs, growth and exports as well as essential to protect against climate change.
The International Energy Agency (IEA) reports that accordingly to preliminary figures gobal emissions of carbon dioxide in the energy sector stalled in 2014, halting four decades of upward rise, except in years with an economic downturn. It suggests that policy responses, rather than economic factors, led to the zero growth in emissions. The IEA estimates that global CO2 emissions totalled 32.3 billion tonnes in 2014, unchanged from the previous year.