Posts Tagged ‘green investment bank’

CSR analysis: the government’s green boasts were vain and idle

03/11/2010, 03:00:12 PM

by ffinlo Costain

Announcements leading up to the comprehensive spending review (CSR) and the review itself were the first opportunity to really test the Tory-Lib Dem government’s sincerity about tackling climate change. As the dust settles we can assess the result.

Labour’s warm front scheme, which provided grants for homeowners to insulate their lofts and cavity walls, is to be killed off. Thousands have benefited from reduced insulation costs, with grants worth around £300 delivered at council level. The result was widespread energy savings. The government’s green deal will replace this scheme. Instead of grants, homeowners will be offered loans to buy goods and services from businesses like B&Q and Tesco to make their homes more energy efficient.

But if many of those living in fuel poverty failed to take the opportunity to insulate their houses when most of the cost was paid for, it seems unlikely they’ll chose to insulate when they have to fund the full cost themselves. The measure also fails to help those living in un-insulated short-term rented accommodation. (more…)

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