Public would support climate action, even if taxes increased

Over 40% of UK consumers say they would support actions to address climate change even if they require tax increases according to Deloitte’s new European Sustainable Consumer survey. Looking at countries across Europe the research found that the UK’s support for action regardless of tax increases is second only to Spain (43%).

Income levels may also have an impact when it comes to consumers’ support for climate regulation. Over half (51%) of those earning £41 467 or more in the UK exhibit a stronger tendency to support climate-focussed regulations regardless of their potential impact on the affordability of goods and services. This is larger than the result for the higher income group when looking at Europe as a whole (46%) and considerably different to the result for those earning less than £20 077 in the UK (37%).

On investment choices in the UK...