Fuels: Excise Duties
Lords · Question HL977 · Tabled 15 Jun 2026 · Treasury · Official record
Answered 25 Jun 2026
Question
Asked by Lord Rooker
To ask His Majesty's Government how they intend to replace revenue from fuel duties in the light of the increasing adoption of electric vehicles.
Answer
Answered by Lord Livermore, 25 Jun 2026
As more people choose to switch to cleaner, greener electric cars, the Office for Budget Responsibility (OBR) has forecast fuel duty receipts will decline to around half current levels (around £12 billion) in the 2030s in real terms. Receipts are then exp...