A recent graduate from University College London has won the 2017 Wolfson Economics Prize, a £250,000 competition that posed the question: “How can we pay for better, safer, more reliable roads in a way that is fair to road users and good for the economy and the environment?”
Gergely Raccuja proposed a distance-based charge as a replacement for both fuel duty and vehicle excise duty. The money raised by a levy could be used to improve air quality and invested in making UK...
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