Forecast: Environmentally-Related Pollution Tax Revenue in the UK

In 2023, environmentally-related pollution tax revenue in the UK stood at approximately 873.24 million US dollars. Forecasts for 2024 to 2028 indicate a consistent downward trend in revenue, with a year-on-year decline from 2024's 810.46 million US dollars to 563.07 million US dollars by 2028. This reflects a compounded annual growth rate (CAGR) of approximately -8.8% between 2023 and 2028.

Future trends to watch for:

  • Increased regulatory pressure may further incentivize reductions in pollution levels, impacting tax revenues.
  • Adoption of cleaner technologies could accelerate revenue decline or shift revenue streams.
  • Economic factors and policy changes may alter the trajectory of pollution-related tax structures.

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