It is difficult to see how making the levy more complicated and smaller will improve its effectiveness.
The government seems to be realising that changing behaviour through the tax system isn't as easy as it thought and has concluded that heavy taxation isn't necessarily the right way to achieve its environmental objectives.
Not only has it changed its mind about the climate change levy, it has also discarded the fuel duty escalator.
However, this may have more to do with politics than the economics of the environment.
J1043+2408 was observed for more than 10 years, and its radio light curve exhibited a periodic signal repeating in about 563 days
Success of Unity's test flight means Virgin Galactic is now close to taking its first paying tourist into space
V3 puts the pro-level football GPS tracker through its paces, and asks if it's more than a gimmick
Finding refutes many earlier studies that suggest that galaxies don't have much dark matter at the time of their birth