Ministers are considering a radical plan to axe tariffs on hybrid and electric cars as part of efforts to speed up Boris Johnson’s switch to a carbon-neutral economy.
Officials are understood to be eyeing the plan as part of efforts to send a message that the country will champion free trade after Brexit and is committed to limiting climate change.
It might aid the switch to electric when new diesel and petrol cars are banned in 2030 but would also open up Britain’s car markets to cheaper foreign imports – piling pressure on producers at home.
The recommendation is among those in a new report, Clean Free Trade, released by the Centre for Policy Studies (CPS), a conservative think-tank noted for its influence upon Government decision-making.
Read more in the Telegraph (£) here.
Date Added: Thursday 10th June 2021