The forecast for fossil fuel consumption support in the UK shows a steady decline from 2024 to 2028, with annual reductions of around 0.01 as a percentage of tax revenue each year. In 2023, this value was higher, indicating a consistent downward trajectory in support for fossil fuels. The past years have seen efforts to reduce reliance on these energy sources, reflected in this gradual decrease.

Future trends to watch for include:

Government policies promoting renewable energy, further decreasing fossil fuel support.
Technological advancements that may accelerate the transition to cleaner energy sources.
Global economic factors and their impact on energy policy and funding allocations.