ENVIRONMENTAL DEVELOPMENTS
There have been a number of recent developments in relation to law and the environment which readers may find of interest (please see endnote 25):
- Budget Changes - An energy tax is to be introduced in April 2001 with natural gas, coal and electricity used in business to be subject to tax. Energy intensive industries will be able to reduce exposure if voluntary targets for energy efficiency are agreed. In addition the landfill tax was increased from £7 to £10 per tonne on 1 April 1999 and will increase by a further £1 each year until 2004. Finally, a major reform of company car taxation will take place including tax levels dependant on carbon dioxide emissions and the abolition of long distance discounts. The soundbite for this overall approach is the taxing of 'bads not goods'!
- Electronic Waste - The recent EU proposal for a Directive on recycling electronic waste has caused considerable concern amongst industry. The provisions would include 'take-back' obligations requiring retailers and manufacturers to take back and dispose of such waste when selling new equipment.
Contact names: Bob Eatwell/Claire Brook
Walker Morris Client Newsletters can serve only to alert the reader to recent developments and to act as a preliminary, but no comprehensive guide. They should not therefore be relied upon in place of specific advice.
ENDNOTE:
- Institute of Chemical Engineers Publication 'Don't Forget The Environment' February 1999



