From the UK’s Institute for Fiscal Studies (IFS) comes data revealing a future funding crisis many governments will face. The IFS study, commissioned by the RAC Foundation, shows that income from motoring taxation will fall as traffic volumes increase. The problem is that increasing fuel efficiency of new generation vehicles, plus the introduction of electric cars, will deliver smaller and smaller returns on fuel taxation. Although fuel is taxed heavily in the UK, and right across Europe, projections show t