Connect with us

International

Britain must prepare for widespread road pricing, infrastructure czar says | shipping policy

Britain must prepare for widespread road pricing, infrastructure czar says | shipping policy

 


Britain should prepare for widespread use of road pricing to make up for a $35 billion tax revenue shortfall caused by the shift to electric vehicles, the country's top infrastructure adviser has said.

Sir John Armit, chairman of the National Infrastructure Commission (NIC), said it was time for a proper public debate about future funding for the road network and other important projects.

Isn't this a very difficult problem politically? But many say road pricing is inevitable. Personally, I don't see why it should be any different, he told reporters Thursday.

We pay for all other infrastructure services as we use them, and when we drive on the roads we pay for what we use through gasoline taxes. And if you're going to lose the gas tax, [more than] 30 billion per year, what will the government replace it with?

Armitt was speaking on the sidelines of an event held at the national headquarters of engineering company Skanskas in Watford, following a speech by Darren Jones, the principal secretary to the Treasury, who announced the launch of a new watchdog to identify infrastructure delays.

Road pricing involves charging drivers for driving on roads, including toll roads, bridge and tunnel access, pay-per-mile schemes and congestion zones. Some schemes exist in the UK, including the M6 ​​Toll, the Mersey Gateway bridge and London Congestion Charges, but they are much more widespread in other countries such as France and Germany.

Armitt said the debate over road pricing is likely to grow as the government steadily declines in revenue from the two main motor vehicle taxes, vehicle excise duty and fuel tax, which raise about $35 billion a year. There is no charge for electric vehicles either.

The Office for Budget Responsibility estimates that all cars on UK roads will be almost 100% electric by 2045, following a ban on the sale of new petrol and diesel cars in 2035.

This is a really big problem, Armitt said. In the end, if you end up paying [for using the road network]We pay through taxes or through point of use.

While he didn't suggest a preferred option, Armitt did suggest one approach that involves license plate recognition technology.

People probably won't like this because Big Brother is watching you. [but] You may receive a bill for different rates anywhere in the country, depending on the time of day and the type of road you are driving on.

His comments come as Jones announced the creation of the National Infrastructure and Services Innovation Agency (Nista), which will oversee large-scale projects. The watchdog will replace the NIC and another government agency, the Infrastructure and Projects Authority, next year. Armitt will serve as NIC chair until July.

Skip past newsletter promotions

Join our business today

Get ready for your work day. All the business news and analysis you need every morning.

Privacy Policy: Our newsletter may contain information about charities, online advertising and externally funded content. Please see our privacy policy for more details. We use Google reCaptcha to secure our website, which is subject to the Google Privacy Policy and Terms of Service.

Mr Jones said the government would launch a 10-year infrastructure strategy next year, including plans for new schools, hospitals and homes, along with a Treasury spending review. Attacking the Conservative Party's actions, he said the creation of Nista would help restore business confidence in investment and break the vicious cycle of low growth.

But Labor has cast doubt on the future of several infrastructure projects in its first 100 days in power, including the postponement of Lower Thames Crossing, Britain's largest road scheme, announced earlier this week.

Armitt said ministers should press the button and get going because the 9 billion tunnel is one of the most important infrastructure projects in the country. He suggested private sector funding could be leveraged.

After years of overspending on projects including HS2, the NIC said in a report on Thursday that the transport sector alone could find cost savings of 10 to 25 per cent by solving four recurring problems worth $1 billion to $2 billion a year by the 2030s. He said there was.

It blamed UK supply chain problems on a lack of clear strategic direction, inconsistent accountability, a risk-averse culture leading to costly mitigation work and a lack of investment in training.

The NIC said Britain's high-speed rail experience had been uniquely high-cost. HS2 will cost around 145m per kilometer of single track, which is of course more expensive than any other high-speed rail in the world.

Sources

1/ https://Google.com/

2/ https://www.theguardian.com/politics/2024/oct/10/uk-road-pricing-infrastructure-electric-vehicles-35bn-tax-shortfall

The mention sources can contact us to remove/changing this article

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos

ExBUlletin

to request, modification Contact us at Here or [email protected]