Re: Restructure the Market
Tinkering with VED really makes little difference at least at the upper end of the market - if somebody's going to spend around the £100k mark on a vehicle then they're not going to be bothered about the VED, unless you make it to high as to effectively outlaw them.
That's pretty much in hand, ie banning new ICE's after a certain date. Of course that means a massive hit to fuel duty & VAT. Governments already tinker with that, ie penalising diesel drivers via increases in fuel duty, with additional sneakiness, like 'biofuels', which reduce MPG.
But this leaves a bit of a hole in government finances, especially given cost of subsidies like this rebate. And the big elephant is the implications for the energy sector, ie cost of electrifying UK transport, which will lead to even more energy poverty as electricity prices rocket. It could be interesting to figure out a way to charge EV duty to reduce energy poverty, which I suspect will mean road charging ends up back on the table. EV's are/will be fitted with enough 'black box' functionaility to monitor both charging, and distance travelled.
Biting the hand that feeds IT
