As fuel duty cut is wiped out, calls grow to wean nation off oil
George Osborne’s much heralded penny cut in fuel has already been wiped out by rising oil prices – less than two weeks on from the announcement, reports Shamik Das.
George Osborne’s much heralded penny cut in fuel has already been wiped out by rising oil prices – less than two weeks on from the announcement, reports Shamik Das.
Simon Bullock, senior economics campaigner at Friends of the Earth, reveals FoE’s ten-point plan for how the chancellor can wean the country off its addiction to oil in his Budget on Wednesday.
The debate on the ‘Fuel crisis and the cost of living’ in Parliament yesterday, unsurprisingly, placed focus on the cost of fuel rather than letting fuel poverty and social inequality take centre stage, writes Eleanor Besley.
The Cameron administration has had firm aspirations to be the ‘greenest government ever’, but the reality is turning out to be quite different. Alongside having a transport secretary who advocates gas-guzzling changes to public policy and continuing to encourage road-building in a time of austerity, they have announced that the person almost certain to head up the coalition’s environemt and energy policy is a former BP policy advisor.
If we want to make transport policy sustainable and equitable, it is vital that the price of transport is addressed and that this fuel price windfall is re-invested in more sustainable modes, making them more accessible to all.
It’s a telling sign of our dependence on foreign oil that all eyes turn to the price of a barrel of crude as events in the Middle East, which ought to give us cause for hope, are causing despair in the UK with petrol hitting the £1.40 a litre level.
A High Court Judge yesterday green-lighted a far-reaching legal challenge that will have significant implications for ministers’ plans for new deep sea oil drilling off Scotland’s coast.
David Cameron has given false hope to millions of motorists by resurrecting the idea of a fuel stabiliser – despite the OBR rubbishing the idea in September.