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THE
CHANCELLOR'S PRE BUDGET
5TH DECEMBER 2005 |
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ENVIRONMENTAL MEASURES
Protecting the environment
The Pre-Budget Report includes a number of measures to
help protect the environment. These include:
- a continued freeze in main fuel duty rates and the
duty rates for road fuel gases in response to the continued volatility in oil
prices
- support for alternative sources of energy including
further consultation on carbon capture and storage and the announcement of
collaboration with Norway in this area
- measures to improve energy efficiency including
funds for the Carbon Trusts to provide interest-free loans for the introduction
of energy-saving measures in the business sector
- the introduction of enhanced capital allowances for
the cleanest biofuel plants
- progress on taking forward the Gleneagles Plan of
Action agreed by the G8 in tackling the challenge of climate change.
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