19 Oct '12, 3pm

Long-term the Green Deal needs more than just cash backing

Long-term the Green Deal needs more than just cash backing

Long-term the Green Deal needs more than just cash backing Date released: 19 Oct 2012 The UK Green Building Council today welcomed news announced by the Department of Energy and Climate Change of a £125 million cash-back offer to stimulate Green Deal demand, but warned that longer-term measures need to be put in place to ensure the ultimate success of the scheme. The incentive will be available to householders in England and Wales from January 2013, but risks creating a bubble of initial demand that cannot be sustained. A further £40 million has been made available for local initiatives to boost energy efficiency and reduce fuel poverty. Paul King, CEO of the UK Green Building Council commented: “We welcome the Government’s announcements today, which will be helpful in raising the profile and demand for energy efficiency at a time when escalating energy prices are at the f...

Full article: http://www.ukgbc.org/news/long-term-green-deal-needs-more...

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