26 Oct '12, 2pm

Something for a Friday: read our latest blog - Green Deal incentives need to be permanent

Something for a Friday: read our latest blog - Green Deal incentives need to be permanent

On Friday, we saw the announcement of a £125m cash-back offer to encourage householders to take up the Green Deal. You would perhaps expect the UK Green Building Council – long-time Pay as You Save advocates – to be absolutely delighted with this news, and in some respects we are. We’ve long argued that incentives need to be put in place to get the scheme off to a good start, so it’s really positive to see the government responding to industry feedback and putting in place a reward system that will make it more attractive to householders. But I also have my reservations about this announcement. As a former student of economics, I’m naturally suspicious of anything that looks like it could lead to a cycle of boom and bust. So what we don’t want to see with the Green Deal is a repeat of the feed-in tariff debacle that sees an initial bubble of enthusiasm that pops as soon as...

Full article: http://www.ukgbc.org/opinion/green-deal-incentives-need-b...

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