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Emergency Budget 2010: the environment

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The government has confirmed that it will be creating a Green Investment Bank.

The Bank will be used to promote investment in clean energy and green technologies.

The government will also be reassessing the climate charge levy this autumn, a review will cover the energy tax framework.

There are to be no increases in fuel duty, but a scheme to switch air duty from a per-passenger to a per-plane levy will be looked at in the autumn.

The government gave its backing to incentives for buying low emissions cars as set out in the last Budget.