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The Government believes that economic growth and social progress
must be achieved while protecting the environment to ensure a better
quality of life for current and future generations. To protect and
improve the environment, Budget 2004 announces:
- from 1 September 2004, duty rates on sulphur-free fuels will
rise in line with inflation. The duty rate for ultra-low sulphur
fuels will be set at 0.5 pence per litre above this level from
the same date, to promote the use of the cleaner sulphur-free
fuel. Vehicle excise duty rates are frozen;
- measures to promote household energy efficiency, including
reduced rates of VAT for energy-efficient products and incentives
for landlords to invest in the energy efficiency of rented housing;
and
- reforms to climate change agreements which will increase
the number of businesses which take part, and a freeze in the
rate of the climate change levy.
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