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Car Scrap Allowance
The vehicle scrappage scheme (also vehicle discount scheme and car scrappage scheme) is a government incentive scheme that was introduced in the 2009 United Kingdom Budget to encourage British motorists to purchase a new, more environmentally-friendly car or van and scrap an older, more polluting one that they have owned for more than twelve months. The scheme was extended in September 2009 and again in February 2010 and it finished at the end of March 2010. In February 2010, a separate Plug-in Car Grant to provide £5,000 towards the cost of electric vehicles was announced and it began in January 2011. Overview The initial scheme, costing the British Government £300,000,000 was introduced in 2009 to support the replacement of 300,000 cars purchased. The Government agreed to provide a £1,000 payment towards the purchase of a new car ordered from participating manufacturers after 23 April 2009 and first registered on or after 16 May 2009. to UK residents who also scrap a ca ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Incentive
A subsidy or government incentive is a form of financial aid or support extended to an economic sector (business, or individual) generally with the aim of promoting economic and social policy. Although commonly extended from the government, the term subsidy can relate to any type of support – for example from NGOs or as implicit subsidies. Subsidies come in various forms including: direct (cash grants, interest-free loans) and indirect (tax breaks, insurance, low-interest loans, accelerated depreciation, rent rebates). Furthermore, they can be broad or narrow, legal or illegal, ethical or unethical. The most common forms of subsidies are those to the producer or the consumer. Producer/production subsidies ensure producers are better off by either supplying market price support, direct support, or payments to factors of production. Consumer/consumption subsidies commonly reduce the price of goods and services to the consumer. For example, in the US at one time it was cheaper to buy ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Geoff Hoon
Geoffrey William Hoon (born 6 December 1953) is a British Labour Party politician who served as the Member of Parliament (MP) for Ashfield in Nottinghamshire from 1992 to 2010. He is a former Defence Secretary, Transport Secretary, Leader of the House of Commons and Government Chief Whip. He had previously been a Member of the European Parliament (MEP) for Derbyshire from 1984 to 1994. Early life Hoon was born in Derby, England, and is the son of railwayman Ernest Hoon and June Collett. He was educated at Nottingham High School, an independent school. He then read law at Jesus College, Cambridge from which he graduated in 1976. He was a lecturer in the Faculty of Law at the University of Leeds from 1976 to 1982 and was a sub-warden at Devonshire Hall. He was called to the Bar at Gray's Inn in 1978, and was also a visiting Law Professor at the University of Louisville, Kentucky, from 1979 to 1980. In 1982, Hoon became a practising barrister in Nottingham. Member of Parliamen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Recycling In The United Kingdom
In 2015, 43.5% of the United Kingdom's municipal waste was recycled, composted or broken down by anaerobic digestion. The majority of recycling undertaken in the United Kingdom is done by statutory authorities, although commercial and industrial waste is chiefly processed by private companies. Local Authority, Local Authorities are responsible for the waste collection, collection of municipal waste and operate contracts which are usually kerbside collection schemes. The Household Waste Recycling Act 2003 required local authorities in England to provide every household with a separate collection of at least two types of recyclable materials by 2010. Recycling policy is devolved to the administrations of Scotland, Northern Ireland and Wales who set their own targets, but all statistics are reported to Eurostat. Incentives Local Authorities are given incentives towards meeting recycling targets set by European Union, European, national and regional Government by the imposition of fin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Scrappage Program
A scrappage program is a government budget programme to promote the replacement of old vehicles with modern vehicles. Scrappage programmes generally have the dual aim of stimulating the automobile industry and removing inefficient, more polluting vehicles from the road. Many European countries have introduced large-scale scrappage programmes as an economic stimulus to increase market demand in the industrial sector during the global recession that began in 2008. Scrappage programmes were touted with different names, mostly referring to an environmental benefit. The Vehicle Efficiency Incentive in Canada was based on fuel efficiency of cars. In Romania, this program was called "Rabla" (the wreck), and was launched by Dacia in 2000. In Germany, the economic stimulus program was called "Umweltprämie" (''environmental premium'') and in Austria "Ökoprämie" (''eco-premium'') while most of the public referred to it simply as "Abwrackprämie" (''scrappage premium''). Other countries ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
