The thing that you might want to protest about, going back to the thread topic, is that you pay 5% VAT on home charging, but 20% VAT is levied on public charging. That does seem unfair and it does penalise EV drivers without the option of charging at home. Quentin Willson has been running a campaign about it (faircharge.co.uk) but I can’t believe go-slows are the answer.
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EV Fuel Price Protest
- Thread starter GRiLLA
- Start date
Problem with taxes is no one wants to pay them, people prefer tax cuts to investment as you can’t sink infrastructure in a pint glass in the pub. Politicians know we vote for this kind of dopamine hit and can’t look beyond the end of the week. So we have no gas storage and not enough renewables, dwindling nuclear and no investment programme to solve the problem. Which will take 20 years+ at UK type speeds. Just having gas storage would have significantly reduced price volatility which in turn would lower forward prices which fixed deals are priced off.
It could only be worse if we’d been paid off by the Russians to close all our nuclear plants.
FWIW China added the entire UK grid in solar last year.
It could only be worse if we’d been paid off by the Russians to close all our nuclear plants.
FWIW China added the entire UK grid in solar last year.
EVer Hopeful
Active Member
Well if that's what they actually did with it then sure. But if instead they give it to their mates and donors, well that's a different story
Oil prices trade globally ( blend adjusted, although you can buy Iranian and Russian oil at a 30% discount if you are China or India), gas is a more localised market, as is electricity. If you have no gas storage you have to buy in the spot market which is more volatile as supply and demand are harder to balance. And gas prices have risen by multiples of oil change in Europe. Doesn't solve price increases, but reduces risk alot.
Masklin
Member
Relevant point of note in the below is, I suppose, the acknowledgment that as switch from fossil fuel cars to EVs takes place there will be a significant loss of tax revenues that will need to be replaced from somewhere else…
UK government debt on unsustainable path unless taxes hiked, says OBR
Energy prices and an ageing population risk more pressure on the economy, a report warns.
www.bbc.co.uk
Gov never runs out of ideas for taxation (or ways to pass it on to mates). Road pricing will cost more in tech than they raise for a long while. They could do something simple (but won't ) such as 1st 300KWh/month house use tax free then every 50KWh above that goes up in bands of 5p or 10p tax per KWh....
Fuel Duty is 2.8% of all the tax we pay, it's roughly the same amount as tobacco and alcohol, the other tax intended to change people's behavior. Replace it by taxing other things we should avoid, like air travel.Relevant point of note in the below is, I suppose, the acknowledgment that as switch from fossil fuel cars to EVs takes place there will be a significant loss of tax revenues that will need to be replaced from somewhere else…
UK government debt on unsustainable path unless taxes hiked, says OBR
Energy prices and an ageing population risk more pressure on the economy, a report warns.www.bbc.co.uk
If you reduce petrol/diesel consumption you reduce the need to mitigate climate change. Theoretically you're saving money. Similar to reducing tobacco usage reduces healthcare costs.
Astonishing statistic. I would have thought fuel duty was a multiple of alcohol/tobacco judging by the amount people moan about it...
