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Essay / Research Paper Abstract
This 5 page report discusses a situation in which Great Britain’s chancellor of the exchequer, Gordon Brown who has repeatedly allowed the duties on petrol in the UK to remain in place. Brown likes to “present himself as the model of stern budgetary rectitude” but in the face of fuel issues, he may have to change his determined stance. Bibliography lists 10 sources.
Page Count:
5 pages (~225 words per page)
File: D0_BWpetrol.rtf
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Unformatted sample text from the term paper:
is well-respected and thought of as one of the most intelligent of the UKs governmental leaders. Therefore, if he is to make a decision such as raising the duties payable
on petrol, it is more than likely that the concept has been carefully analyzed, reviewed, and logically drafted. Therefore, it offers an interesting perspective into the particular concerns of the
various markets that will feel the impact of such an increase. Fuel duties serve as an example of one means that the government has to both influence the use of
cars and make s supposed statement about environmental responsibility but to also and obviously increase government revenues. Nearly a decade ago, Vielvoye (1992) made note of the fact that
the growing importance of environmental issues has been behind the efforts of the petroleum industry in the UK to make the environment its most pressing priority. He also makes the
point that since 1945, industrial progress has been supported by a remarkable 500 percent increase in energy supply, which in turn has put a large amount of stress on the
environment. "The solution lies largely in industrys hands through transformation of economic activity to incorporate much greater resource efficiency offered by advancing technology" (pp. 39). The Exchequer and Petrol
According to the popular news and business magazine, The Economist (3/3/01) Brown likes to "present himself as the model of stern budgetary rectitude" (pp. 5). The Economist also
reported a few months earlier that Brown (11/11/00) and the government had "reneged on its vow not to cave in to pressure to cut fuel duties. Mr. Brown insisted that
he was confining duty cuts to ultra low sulphur petrol and diesel -- but then added that he expected these fuels to account for 100 percent of the market next
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