In 2023, air pollution-related total tax revenue in the UK was approximately 16.60 billion USD PPP based on 2010 values. The forecast from 2024 to 2028 indicates a steady increase, with revenues reaching 17.12 billion USD in 2028. Year-on-year percentage variations from 2024 to 2028 are positive but gradually diminishing, suggesting stable growth in tax revenue during this period. The Compound Annual Growth Rate (CAGR) for 2024 to 2028 suggests a moderate growth of around 0.5% annually.
Future trends to watch for include:
- Policy changes related to air pollution and environmental taxation.
- Technological advancements in pollution control and its impact on taxable revenue sources.
- Potential shifts in public transportation and energy sectors influencing tax bases.
