SMMT News

Environmental Audit Committee – Green fiscal policy in a recession

25 March 2009 #SMMT News

The House of Common’s Environmental Audit Committee has published a report in response to the 2008 Pre-Budget Report and the green fiscal policy measures put forward by the chancellor. The focus of the Committee’s inquiry was to look at how effective the announced green fiscal stimulus would be in meeting environmental challenges; how green the overall package of fiscal stimulus measures were; if more should be done in terms of green fiscal stimulus; and how coherent the Treasury’s policies on green taxes are, and whether they should be changed in light of the recession.

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