Reaching net zero is the tax system ready?
b'How we are taxed will be crucial to how government pays for net zero. It can use the tax system to incentivise sustainable choices by businesses and consumers as well as disincentivise harmful ones. But government revenues will also fall as people and businesses adapt their behaviour to reduce carbon emissions, with the shift to electric vehicles set to eliminate fuel duties.\\n\\nSo what changes are needed to ensure the tax system raises revenue to fund public interventions, redistributes the costs of getting to net zero, and shores up the tax take as fuel duties decline?\\n\\nThis event was held after a busy autumn of net zero strategies, a budget and COP26. It asked how the government should adapt the tax system to reach net zero and whether the budget was a missed opportunity, look at the steps being taken in other countries, and set out how to overcome the barriers \\u2013 political and otherwise \\u2013 to reform.\\n\\nOn our panel to discuss these issues:\\n\\nRt Hon David Gauke, Head of Public Policy at Macfarlanes LLP and former Financial Secretary to the Treasury\\n\\nJames Murray MP, Shadow Financial Secretary to the Treasury\\n\\nChris Stark, Chief Executive of the Committee on Climate Change\\n\\nAmanda Tickel, Head of Tax & Trade Policy for Deloitte UK\\n\\nThe event was chaired by Dr Gemma Tetlow, Chief Economist at the Institute for Government.\\n\\nThis event is kindly supported by Deloitte LLP.\\n\\n#IfGnetzero'