This topic contains 3 replies, has 2 voices, and was last updated by  Roland Gilmore 1 year, 5 months ago.

  • Roland Gilmore

    The CBI have been lobbying the government to open the green deal to businesses for some time and published a report in August calling for a “big push” on energy efficiency. http://www.cbi.org.uk/media-centre/press-releases/2013/08/cbi-calls-for-big-push-on-energy-efficiency/
    Whatever the format the next incentive takes, it is certain to be financed externally from the government’s beleaguered balance sheet yet private debt is also at a record high and unsustainable level.
    The main beneficiaries of feed-in tariffs etc. have been subsidised by tax payers in general and “traditional” consumers. Up until now, government policies have not considered “ability to pay” except their passive, insulation programmes that ignore the fact that the environment cares not whether you are receiving benefits or a pension. The Parliamentary Accounts Committee under Margaret Hodge unearthed the truth through questioning senior civil servants last year that they and politicians have not considered ability to pay. The National Audit Office have also given evidence about this failure too.
    Of course, all of this is framed by the over-arching necessity to act to try to avoid impending, man made, climate chaos. Some experts say it is already too late and that measures to try to build greater resilience into our infrastructure and systems is more pragmatic than expecting a world wide agreement on the “price of carbon” with countries perceived as rich (but actually bankrupt) subsidising poorer nations. One thing is for sure; there is no such thing as a painless or cost free lunch when addressing this issue.

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    James Alcock
    Keymaster

    We are hearing rumours that the Green Deal is going to come back in the very near future under a slightly different guise – the ability to put finance on the electricity bill will remain however the funding mechanism will now be carried out by external investors. A green deal report will still be required and the measures you want to install will still need to be listed on the report.

    Reply
    SuSan Shaw

    Are there any other schemes in the pipeline. Obviously they are also talking about slashing the Feed-in tariff payments by 85% in January 2016. WTF are the Government playing at?

    Reply
    James Alcock
    Keymaster

    Green Deal is now Finished

    Amber Rudd announced the Green Deal has now finished – there will be no more measures funded by this initiative. A shame, but the interest rate and its complexity were the killers.

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