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Eliminating fuel poverty without adding to the demands of public spending |
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Friday, 22 January 2010 |
As the squeeze begins on public spending a scheme first devised during the Second World War could be the saviour of domestic energy-saving programmes
Every political party acknowledges that the most cost-effective carbon savings can be realised by improving vastly the efficiency of the building stock. To achieve this, there is a growing political consensus that the easiest way to square the circle, is to allow improvements to be made via loans incurred by borrowing against the value of the building. The necessary investments are funded by venture capital. With the capital being repaid with help from the lower fuel bills that then ensue. The underlying presumption is that pay as you save can only be pertinent for those able to fund such interest payments themselves. It is, if the relevant debt is the responsibility of the householder. But what if the government itself was to become the debt-payer for households in true fuel poverty of which there are now estimated to be approaching 6 million? This obviates the need for government to finance the initial capital to improve the homes of those in fuel poverty. It simply finds the money to meet the interest payments. Following precisely the pattern followed for so many new schools, roads or hospitals. PDF Version |
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Last Updated ( Friday, 22 January 2010 )
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‘Do More with Less’ – ACE launches Energy Efficiency Charter |
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Thursday, 21 January 2010 |
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ACE is proud to launch its Energy Efficiency Charter ‘Do More with Less ’.
‘Do More with Less' sets out the key policies we want to see introduced by the next Government.
40% of the UK’s energy is consumed in buildings, which in turn are responsible for around 40% of our carbon emissions. Our Charter highlights the pivotal role that energy efficiency plays in making our homes warmer and reducing fuel bills. It also contains concrete suggestions for making our workplaces more energy efficient.
Better use of our precious energy will reduce our reliance on imported fuel – and will give us the best chance of tackling climate change. It also means more ‘green’ jobs and more competitive businesses.
In advance of the General Election, every Parliamentary candidate in the country has been invited to support our Charter. If you too would like to register your support or receive further news about ACE policies, please click here.
Over the next few weeks we’ll also be inviting people to join us for a policy discussion on Twitter – why not follow us?
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Last Updated ( Thursday, 28 January 2010 )
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