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Supporting Low-carbon Growth

Mark Schofield and Harry Manisty of PWC LLP consider how the UK's tax policy is being used to support the shift to a low carbon economy
Rebuilding a low — carbon economy has been the consistent message of the recession. It is a combination of the need to engineer economic growth that is somehow different from the structurally unsound post-millennium boom; and the ever-pressing need to decarbonise to meet the climate challenge.
It is a compelling goal that to some extent has been with us for several years but at last through the 2008 Climate Change Act and the Low Carbon Transition Plan (see this summer we have been told in quite precise terms exactly how the UK is going to reach it.

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