A group of businesses, mayors and political leaders have called on the Conservative government to spend £5bn to deliver on its promised manifesto pledges in order to unlock £100bn in capital investment on energy efficiency and create more than 300,000 green jobs. Convened through the UK100 – a network of over 100 mayors and local leaders from across the country – studies supported by EDF and Siemens have found that unlocking private sector investment could deliver a net return of £100bn to help build a green economic recovery. The £100bn benefit would include £40bn for energy efficiency improvements and technologies, which would exceed the £9.2bn target promised in the Conservative manifesto. However, the research report, sponsored by the Department for Business, Energy and Industrial Strategy (BEIS), states that an initial development funding amount of £5bn is required from Government to kickstart the green recovery. The UK100 will present the findings directly to energy minister Kwasi Kwarteng today (13 July). The study additionally states that the package could help create 300,000 jobs across the country.
Edie 14th July 2020 read more »
Business Green 13th July 2020 read more »
Visitors to Greenwich can now catch a glimpse into the future of social housing, with the unveiling this week of four zero-carbon council homes in the South London borough. The homes are fitted with individual air source heat pumps and solar panels and have been designed to exceed net-zero carbon standards, meaning they are capable of delivering energy back to the grid. Moreover, the homes boast have an EPC rating well above the highest category of A. Currently, just one per cent of UK new builds are A rated, while the average rating is D.
Business Green 14th July 2020 read more »