Porritt gives tax warning

Energy taxes need to be introduced carefully, environmental campaigner Jonathan Porritt believes. Speaking to the Institution of Incorporated Engineers, he said there would be no environmental gain if industries such as steel were forced abroad. `We need to think about the impact on particular sectors.’ Porritt also called for tax rebates and capital allowances for […]

Energy taxes need to be introduced carefully, environmental campaigner Jonathan Porritt believes.

Speaking to the Institution of Incorporated Engineers, he said there would be no environmental gain if industries such as steel were forced abroad. `We need to think about the impact on particular sectors.’

Porritt also called for tax rebates and capital allowances for heavy energy users.

A tax on carbon-based energy was essential if the UK was to help halt global warming, he said. However, engineers would benefit in developing the technology needed to save energy and cut waste: `Huge fortunes will be made in the revolution towards sustainability.’

Porritt’s charity, Forum for the Future, will issue a document called `Engineers for Sustainability’ in July.

Working with companies including Jaguar and British Gas, the forum intends to concentrate on raising the environmental awareness of young engineers.