UK government axes funding for Green Deal

The government has signed the death warrant for another environmental scheme, this time the Green Deal energy-saving programme that ministers once called the biggest home improvement measure since the second world war.
A day after moving to axe solar farm and woodchip power subsidies, Amber Rudd, the energy and climate change secretary, said the government was pulling funding for the finance company that delivers the Green Deal scheme, in order to “protect taxpayers”.

Funding will also end for a home improvement fund cashback scheme, which has provided £114m for 27,000 energy-efficiency measures.

The Green Deal was launched by the previous coalition government to encourage people to borrow money to make the UK’s notoriously draughty homes more energy efficient.

The money spent on loft insulation, better glazing or draught proofing was paid back via energy bills that were expected to fall because of the improvements.

Read more of this article

You may also like...