facebook
twitter
rss
account
search
search
 

Doubts emerge over Britain's 'green deal'

April 9, 2012 at 8:56 AM   |   Comments

LONDON, April 9 (UPI) -- A British deal to urge consumers to insulate buildings for the sake of energy efficiency might not be as widespread as London claims, an official said.

London's so-called Green Deal allows consumers to take out loans to cover the cost of improving insulation. The Daily Telegraph in London said consumers would use the money saved in heating bills to pay off the loans.

Nearly two dozen companies considered marginal players in the British energy sector signed up for the program, though major utilities like German energy company E.ON were included in the initial tranche of providers.

Sara Vaughan, director of energy policy at E.ON, told the newspaper it might be difficult to attract widespread support for the project.

"I'm not saying it will be easy but I don't think the government has a choice," she said. "The timing may be ambitious but whether we do it by 2014 or 2018, the important thing is that we do it."

The plan is set to enter into force in October. An estimated 14 million homes in the country are said to not have adequate insulation. Most of the companies in the first tranche were small and medium-sized companies.

© 2012 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
Some iPhone users getting checks for liquid damage Some iPhone users getting checks for liquid damage
2
Boeing announces job relocations, business unit consolidation Boeing announces job relocations, business unit consolidation
3
Outrage over FERC decision on LNG exports Outrage over FERC decision on LNG exports
4
Coca-Cola company, other soda makers, pledge to cut calories Coca-Cola company, other soda makers, pledge to cut calories
5
Exxon says it's safe from Russian sanctions Exxon says it's safe from Russian sanctions
Trending News
x
Feedback