35 Centre for Economics and Business Research Table 15: Differences vs. core results – Electricity price shock sensitivity test (£Bn) Tax revenue impacts Total Car Motorbike LGV HGV VAT on fuel 4.1 2.3 0.0 1.4 0.4 Household/business spending Total Car Motorbike LGV HGV Fuel -86.4 -48.0 -0.9 -28.7 -8.8 Fuel (resource cost only) -82.3 -45.7 -0.8 -27.4 -8.4 Infrastructure impacts Total Car Motorbike LGV HGV Investment Costs 0.0 n/a n/a n/a n/a The table below shows a summary of the Net Present value results under each sensitivity test. Table 16: Summary of Net Present Value Results (£Bn) Total Car Motorbike LGV HGV Central -225.9 -120.1 -8.2 -76.8 -20.8 Excl. new vehicle costs -38.1 -22.1 -1.0 -9.6 -5.4 US carbon values -251.6 -133.0 -7.9 -85.5 -25.1 Same fuel consumption in both scenarios -197.2 -105.5 -8.0 -66.4 -17.3 Low carbon fuel (biofuel) adoption -241.3 -129.0 -8.4 -81.3 -22.6 Petrol, diesel, and electricity prices double -259.9 -136.2 -8.5 -90.1 -25.0 Petrol and diesel prices double -176.6 -89.8 -7.7 -62.5 -16.6 Electricity prices double -308.2 -165.8 -9.1 -104.1 -29.2
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