Thursday, November 08, 2007

Bad news may actually be good news!

Sounds rather daft doesn't it, but this from The Business reports on a survey (yes, yet another one!) of British companies that looked at how many businesses, across various sectors, were actually measuring their carbon footprint, may just actually be good news from what are apparently bad results.

"The education, hospitality and manufacturing sectors were among the worst offenders, with just 10%-15% saying they measured their carbon footprints, compared with 78% in the leading sector, aerospace. About 40% of companies cited the cost and limited range of environmentally-friendly equipment as the most significant obstacles to going green, while around a third said there was no competitive advantage."

Yet, as commented by the UK Social Investment Forum, "A few years ago, the percentage would have been vanishingly small. To me, this report contains much good news.”

So there you have it, bad news can actually be good news.

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Hmmmmm, "The research follows a report in September by UHY Hacker Young, the accountants, that indicated green taxes were reaping the government 50 times what it handed back in tax breaks for environmental initiatives." I'll have to see if I can find any references to that particular report! But I have to admit that it doesn't surprise me.

Important Addendum:
Just checked back and Peter did actually post a piece about a concurrent report back in September - see "it must be true; its on the BBC".

The strange thing is that the report the Beeb referred to was by the Taxpayers Alliance, which seems, at least to me, to seriously underestimate the scale of the problem. Take a look at this from politics.co.uk. Scary stuff!!

"The UHY research claims official Treasury figures reveal the government accumulates £29.3 billion in green levies, of which only £549 million – or 2 per cent – is handed back to the taxpayer to encourage environmentally conscious activity."

Now if that's accurate, it is not just unethical, it is downright heinous, almost bordering on the bloody fraudulent!

“The concern is that revenue raised from green taxes is being used to fund other government pet projects such as the Olympics.”

Now given the absolute shambles that the grants systems for renewables and insulation etc. are in, then who's conning who?

2 comments:

Emma said...

OK, it's not AS scary as all this, but the fact you can recall stuff I wrote when I had no recollecion of it is making me worry!

Dave said...

Peter, with the number of posts that you put up it shouldn't really surprise you that you cannot remember the post! Having said that, I had to search for your post but I knew that you had posted something about the gov keeping loads of the tax they collect from the 'green' levies.

I think that keeping tax revenue of some £28.8 Billion for other gov projects is downright disgusting. It sort of blows a huge hole in ol' Golden Brown's claims to be providing incentives to the UK consumer to be more 'green'.