Fuel duty and mis-aligned incentives
17th 2006f October, 2006, PeterRichard Branson, owner of Virgin Trains (among other businesses), has asked the UK Government to reduce the fuel duty on blended biofuel, according to this Guardian article. Pure biofuel attracts a duty of 6p per litre, while the duty on industrial diesel is 7p per litre. The blend of the two fuels together is 50p per [...]
