Pay-per-mile road tax plan wins £250,000 Wolfson economics prize

13 July 2017 – In the UK, a graduate transport planner has won a £250,000 prize for a plan to improve Britain’s ailing roads with a proposal to scrap fuel and vehicle taxes and replace them with a pay-per-mile charging scheme. The scheme would reward users of lighter, cleaner vehicles and ensure a steady stream of revenue to the exchequer, with the £27bn received annually from fuel duty now jeopardised by electric vehicles. Read the full article on The Guardian website.