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The newly elected mayor of London, Boris Johnson, has abandoned plans for basing the London congestion charge on CO2 emissions. The plans, which included charging the worst cars over €30 and led to a legal challenge from Porsche, were launched earlier this year by Johnson’s predecessor Ken Livingstone. The London congestion charge remains unaltered.

Oil price 'good'

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The rising price of oil is good news, according to the head of the Organisation for Economic Cooperation and Development (OECD). Speaking at the OECD's annual meeting, Angel Gurria said it would be 'disastrous' if the world’s richest nations cut fuel taxes or subsidised prices, as rising prices are a clear signal to consumers and companies to cut their fuel consumption.