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ESA response to Budget 2010
24.03.2010
ESA welcomes the floor price set under the landfill tax announced by the Chancellor today. An inflation-adjusted real floor would have been preferable but this announcement does at least help to provide some certainty to investors in our sector by removing an aspect of regulatory risk.
We wait to see what the Green Investment Bank proposals hold for the waste industry. We first need to know whether the Government is able to realise the whole of the £2 billion envisaged in the budget, half of which is expected to come from the private sector, and also what the investment criteria will be in practice. Hopefully the forthcoming consultation will provide us with some of the answers
ENDS
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