Green levies to fund renewable energy
This is a news story, published by The Times & The Sunday Times, that relates primarily to Institute for Fiscal Studies news.
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energy billsThe Times & The Sunday Times
•Green levies hiked to pay for move to renewable energy
70% Informative
Taxpayers will contribute more than 14 billion in environmental levies by 2029 to subsidise clean-energy producers.
Institute for Fiscal Studies said the tax was fundamentally raising prices for consumers’ to pay for longer-term projects such as wind farms.
Government said the 3.4 billion would be paid by all energy consumers, including businesses.
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