The Renewable Energy Association (REA) has issued advice to the government on the key policies needed for a green recovery. Detailing the policies in a new report, the REA is calling on Chancellor Rishi Sunak to implement them in his forthcoming stimulus package. The report highlights how the government needs to prioritise low carbon power and heat generation in new homes and energy efficiency retrofitting in existing homes. The need to bring forward new renewable generation capacity and energy storage projects is also outlined, with the REA suggesting £2 billion of funding could deliver an extra 15-20GW of renewable power.
Current 6th July 2020 read more »
Hundreds of thousands of homeowners will receive vouchers of up to £5,000 for energy-saving home improvements, the chancellor will announce. Rishi Sunak is due to set out a £2bn grant scheme in England for projects such as insulation as part of a wider £3bn plan to cut carbon emissions. The Treasury said the grants could help to support more than 100,000 jobs. Labour said renters appeared to be left out and called for a “broader and bigger” plan to cut carbon emissions. Under the Green Homes Grant, the government will pay at least two-thirds of the cost of home improvements that save energy, the Treasury said. For example, a homeowner of a semi-detached or end-of-terrace house could install cavity wall and floor insulation for about £4,000 – the homeowner would pay £1,320 while the government would contribute £2,680. The scheme will launch in September, with online applications for recommended energy efficiency measures, along with details of accredited local suppliers.
BBC 7th July 2020 read more »
Rishi Sunak will announce plans tomorrow to give grants to hundreds of thousands of homeowners so they can make their homes more energy efficient as part of a £3 billion green jobs package. The chancellor will give grants worth £2 billion to make homes more environmentally friendly, such as by installing insulation and replacing old boilers. He will also announce a £1 billion programme to make schools, hospitals and other public buildings more energy efficient as Britain emerges from the coronavirus crisis.
Times 7th July 2020 read more »
In a statement published this evening (6 July), the Treasury revealed that Sunak’s Summer Economic Update, due to be given on Wednesday (8 July), will ring-fence more than £3bn for environmental initiatives. The largest single project within the portfolio will be a £1bn commitment to decarbonising public sector buildings, like schools and hospitals, as well as social housing, through retrofitting. Sunak will say that this funding will not only create jobs in the short-term and save public sector bodies’ costs, but spur progress towards net-zero and better the UK’s “future prosperity”. A further £50m will be used to trial early-stage technologies, such as heat pumps, in the social rented homes considered England’s least energy-efficient. Families could see their annual energy bills fall by an average of £200 with this support, the Treasury claims.
Edie 6th July 2020 read more »
Energy Voice 7th July 2020 read more »
Telegraph 7th July 2020 read more »
Chancellor Rishi Sunak is set to announce a major new £3bn green investment plan in a bid to upgrade buildings across the UK, slash greenhouse has emissions, and create thousands of green jobs. The Treasury confirmed last night that a number of green recovery programmes would feature in the Chancellor’s economic update to Parliament on Wednesday, including over £1bn to support the decarbonisation of public buildings and social housing and a £40m Green Jobs Challenge Fund to support habitat restoration projects, which was trailed by Prime Minister Boris Johnson last week. The government then confirmed this morning that the rest of the package, totalling £2bn, will fund a major new voucher scheme to help households towards the cost of energy efficiency upgrades. The £3bn of funding is set to last a year and is regarded as a “significant down payment” on the government’s longer-term energy efficiency plans. Business Secretary Alok Sharma told BBC Breakfast that under the Green Homes Grant hundreds of thousands of homeowners will receive vouchers of up to £5,000 to cover at least to two thirds of the cost of energy-saving home improvements. He confirmed the scheme would cover double glazing, insulation, and other approved measures. Moreover, poorer households could qualify for more generous grants worth up to £10,000 per household that would cover the full cost of any work.
Business Green 6th July 2020 read more »
Environmental groups have reacted with disappointment to details of the government’s Covid-19 economic rescue package released by the Treasury. On Monday night the government announced some details of the announcement expected on Wednesday, including a £1bn energy efficiency upgrade for public buildings and insulation for some social tenants, who could save up to £200 a year on their energy bills as a result. A Green Jobs Challenge fund will provide £40m for green charities working on improving England’s landscapes, with the money to be spent on projects such as tree-planting and cleaning up rivers. A further £50m will go to innovative approaches to reducing greenhouse gas emissions from social housing. In all, at least £3bn will be made available for greening the recovery, according to the Treasury, which the government said would “support tens of thousands of green jobs”, as well as reducing the UK’s carbon dioxide emissions and helping to “build back greener”. “Surely this is just a downpayment?” asked Rosie Rogers, head of green recovery at Greenpeace UK. She pointed to the German government’s £36bn investment in measures to boost the economy while cutting emissions, with France spending £13.5bn to the same end. If the total green element of the economic rescue package ends up at £3bn, that would be “not playing in the same league”, she said. Ed Matthew, associate director of the E3G environmental thinktank, said £18bn was needed in the next 10 years to make all buildings energy efficient and get the UK on track to meet its net zero emissions target by 2050. “The funding announced today is a decent start only if it is a downpayment on a much larger, more ambitious investment programme,” he said.
Guardian 7th July 2020 read more »
Government bid to create green jobs with £3bn investment in upgrading buildings and cleaning up the outdoors. Environmental campaigners warned the funding would not be enough to transform the economy.
iNews 7th July 2020 read more »
E3G’s Tom Burke sets out four tests the Chancellor’s stimulus package must pass if the government is to deliver on its ‘green recovery’ promises. The Prime Minister’s speech last week was an underwhelming contribution to the green recovery. The credibility of this promise, and much else, depends on what the Chancellor has to say in his speech.
Business Green 7th July 2020 read more »
The queues were “absolutely crazy”, says Gavin Hudson, the owner of the cycle repair startup Butternut Bikes. As lockdown descended he began fixing old bikes in the parking lot of a Methodist church in north London, before moving his services to a furloughed pub in Crouch End. However, the surge in demand for cycle repairs meant the pop-up was soon able to afford a permanent address. The challenge for the Treasury is to design a stimulus package that seizes the opportunities emerging from the coronavirus crisis, which can tackle large-scale climate challenges, too. PwC includes low-carbon transport in its five-pillar plan to “build back better”, alongside major stimulus plans to accelerate low-carbon electricity generation, cut emissions from heavy industry and help build a green workforce with the skills to carry out the plans. Those without a banged-up bike in the shed will struggle to buy a new one because of the huge demand and a supply-chain hangover from China’s manufacturing lockdown at the start of the year. For many, the answer may be shared-cycle schemes, electric scooter rentals or even the purchase of an electric vehicle.
Guardian 6th July 2020 read more »
Liberal Democrat leader Ed Davey will call for local authorities to be granted £45bn of “green recovery investment” money and a suite of new powers, to help kickstart economic growth and emissions cuts in the UK’s regions. In a speech to the Local Government Association, Mr Davey, a candidate in the Liberal Democrat leadership race, will call for a “Devolution Revolution to drive the Green Revolution”. He will argue a massive cash injection for cash-strapped councils will help them “take a lead in the fight against climate change” as well as “the fight against the recession”.
iNews 6th July 2020 read more »
Scottish power chief exec tells Ofgem to get serious on green recovery. Keith Anderson is exhorting the Government and watchdog to ‘pull their finger out’ as now is time to invest in low carbon infrastructure. The boss of utility company Scottish Power has challenged regulator Ofgem to prove it is serious about a so-called “green recovery” ahead of its crunch decision on pricing this week.
Telegraph 6th July 2020 read more »