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A large chunk of the UK's existing "fossil fuel subsidies" for homeowners consist of the government charging a lower 5% VAT rate on domestic electricity and hea
by makomk 7y ago
A large chunk of the UK's existing "fossil fuel subsidies" for homeowners consist of the government charging a lower 5% VAT rate on domestic electricity and heating, much of which of course comes from fossil fuels. Take that away and spend the money on feed-in-tariffs, and you're again transferrirng money from the less well off to the wealthy.