No point trying to match US, China green subsidies
9 March 2023
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In the Media
Christopher Snowdon appears on GB News
9 March 2023
Government and Institutions
Christopher Snowdon's research quoted in The Express
9 March 2023
Housing and Planning
Andy Mayer quoted in City AM
IEA Chief Operating Officer and Energy Analyst Andy Mayer has been quoted in City AM opposing more government subsidies for electric cars and other green technology to compete with the USA, EU, or China.
Andy said:
“We cannot outspend the EU, we cannot out-manufacture China, and we have decided to have more expensive land, energy, and regulations than the USA. The UK’s better option would be to create a generally attractive investment climate for all types of business and see which succeed. This means lower stable taxes, proportionate regulation, and where there is support, for early-stage only, not commercial subsidies.”
Read the full article on page 11 of City AM (06/03/2023).
Andy said:
“We cannot outspend the EU, we cannot out-manufacture China, and we have decided to have more expensive land, energy, and regulations than the USA. The UK’s better option would be to create a generally attractive investment climate for all types of business and see which succeed. This means lower stable taxes, proportionate regulation, and where there is support, for early-stage only, not commercial subsidies.”
Read the full article on page 11 of City AM (06/03/2023).
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