According to researchers from Oxford and Reading University, a combined sugar tax on soft drinks and a food-based carbon tax could help raise £3.4bn, which could be used to reduce carbon emissions by up to 19 million tonnes. The proposition includes a £2.86-per tonne carbon tax and a 20% tax on sugary drinks. Lead researcher, Adam Briggs, explained that "a well designed carbon tax could be an important addition to policies aimed at reducing UK greenhouse gas emissions."
According to researchers from Oxford and Reading University, a combined sugar tax on soft drinks and a food-based carbon tax could help raise £3.6bn, which could be used to reduce carbon emissions by up to 19 million tonnes. The proposition includes a £2.86-per tonne carbon tax and a 20% tax on sugary drinks. Lead researcher, Adam Briggs, explained that "a well designed carbon tax could be an important addition to policies aimed at reducing UK greenhouse gas emissions."