Pay-per-mile road tax plan scoops Wolfson prize
Prizewinner Gergely Raccuja, 27, aims to scrap vehicle tax and fuel duty to help fund all road repairs with more eco-friendly scheme collected by insurers
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 (pdf), with the £27bn received annually from fuel duty now jeopardised by electric vehicles.
Source: Guardian Transport