Feeds

Go green with a double-glazing mortgage, say Lib Dems

Carbon cutting proposals unveiled

Choosing a cloud hosting partner with confidence

The Liberal Democrats have outlined their plans for so called energy mortgages: special loans for home owners that would help pay for improvements to make their homes more energy efficient.

Under the scheme, the loans would be tied to the house, so any subsequent owner would take over the repayments with the house purchase. The Lib Dems say the cost of the repayments would easily be offset by savings on energy bills.

Britain's domestic carbon emissions account for 27 per cent of our total carbon dioxide production. This is compared to less than five per cent in Sweden, which is considerably colder.

If Britain had Swedish standards of energy efficiency, the average British household would save £385 a year on their energy bills, the party says.

The policy proposes that by 2011 all new houses would be built to tough new energy efficiency standards. But that is only part of the picture. Since the majority of the houses that we will live in already exist, if we are to meet energy efficiency targets, we need to find a way of improving the efficiency of what we already have.

Chris Huhne said: "With an 'energy mortgage', proven improvements will deliver real energy cuts that will pay for themselves and save money in the long term, will be accessible to everyone. Building new homes to tough, rigourously enforced standards, would significantly cut fuel bills and effectively pay for itself, making homes more affordable for first time buyers."

Over and above tackling the carbon we emit at home, the Lib Dems want a cap and trade scheme for energy companies. Currently, they have no incentive to sell less energy, but under the scheme the Lib Dems have put forward, energy companies would have to buy permits to sell more than their regulatory allowance, and could sell on their surplus.

The plans have been welcomed by environmental groups such as the World Wildlife Fund. A spokesperson told the BBC: "It is good to see political parties getting to grips with the environmental challenge we face, and this policy raises the bar for other parties to match."

It added that it was impressed with the scope and credibility of the scheme. ®

Security for virtualized datacentres

More from The Register

next story
Ex-US Navy fighter pilot MIT prof: Drones beat humans - I should know
'Missy' Cummings on UAVs, smartcars and dying from boredom
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
The 'fun-nification' of computer education – good idea?
Compulsory code schools, luvvies love it, but what about Maths and Physics?
Doctor Who's Flatline: Cool monsters, yes, but utterly limp subplots
We know what the Doctor does, stop going on about it already
'Cowardly, venomous trolls' threatened with TWO-YEAR sentences for menacing posts
UK government: 'Taking a stand against a baying cyber-mob'
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Sysadmin with EBOLA? Gartner's issued advice to debug your biz
Start hoarding cleaning supplies, analyst firm says, and assume your team will scatter
Don't bother telling people if you lose their data, say Euro bods
You read that right – with the proviso that it's encrypted
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.