Thread by @jillongovt

Next week Rishi Sunak will deliver his Budget. This week we should finally see @hmtreasury #netzero review. New @instituteforgov report says Chancellor must start talking (publicly) about net zero instituteforgovernment.org.uk/publications/n…

A bit in Budget 2020. Nothing in Budget 2021 or his party conference speech .. but the impacts on revenues from fossil fuels can't be ignored and the system could do a much better job promoting pro-net zero actions

first we need to see the long-awaited review on who pays. but he needs to go further and set out how he will adapt the tax system to support the transition to a #netzero economy.

some decisions he can't duck - as @InstituteGC has said, fuel duty will disappear and he needs to act soon to ease transition to other motoring taxes.

The Treasury needs to work with the lead depts on each sector on the consequences for taxes. Makes no sense that the @transportgovuk decarb strategy ignores the impact on motoring taxes

But the current tax system is already riddled with anomalies - incentives/disincentives (HMT, @ONS and NAO can't even agree what is an environmental tax) - Chancellor should audit the current system for its compatibility with net zero

and get an outside body (@OBR_UK or @theCCCuk) to check future changes to make sure they are #netzero proof

The Chancellor needs to set out a long-term tax strategy for #netzero and stop chopping and changing budget by budget. He has a range of options. Burying his head in the sand is not one of them.

and just as he owned furlough .. he needs to make clear that @hmtreasury will own the transition, using the levers at its disposal to help people most affected

More in the report - including great graphics. The work of @RosaHodgkin and me - with a lot of help from top IfG colleagues.