Ex-energy secretary Ed Davey and former energy minister Lord Barker have admitted to failures in the formation of the Green Deal, but stressed there is still a place for a pay as you save efficiency scheme in the UK.
The chief executive of National Energy Action has criticised the Treasury for its “domination over all departments” and claimed the UK has fallen well behind its fuel poverty targets as a result of current policy.
The government has been accused of dressing up the figures surrounding its plans for a replacement to the Energy Company Obligation (ECO) after it emerged the current scheme could cost less than the new proposal.
The government has confirmed it is to launch a replacement scheme for the Energy Company Obligation in April 2017 but fears are growing over what appears to be a 40% reduction to its budget.
Chancellor George Osborne has announced that the Renewable Heat Incentive will see its budget increase to £1.15 billion to 2020 but has promised substantial reform of the scheme.
The UK Green Investment Bank (GIB) has announced that it has raised over £10 billion in green infrastructure investment in the last three years as it prepares to enter the private sector.
The chief executive of the Green Deal Finance Company has pointed to government changes to the Energy Company Obligation (ECO) as a key reason for the failure of the home energy efficiency scheme.
Candidates in the race to become the next Mayor of London have committed to a target for the city to become zero carbon and run on 100% clean energy by the year 2050.
A number of Labour councils have pledged to eliminate all carbon emissions in their areas by 2050 in a move that will build pressure on the government’s commitment to green energy.
