The rapid shift poses three looming risks: a fiscal hole, increased inequality and more traffic jams
This rapid shift is necessary if Britain is to meet international obligations to reduce its carbon emissions. But an analysis by the Tony Blair Institute for Global Change, a think-tank, highlights three looming risks: a fiscal hole, increased inequality and more traffic jams. All three result from the way driving is taxed in Britain, namely largely through a levy on fuels. This makes driving anfar cheaper than alternatives.
The final problem predicted by the Institute for Global Change is increased congestion. Switching to anEV
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