propertytalk Live! - £6.6 billion in Britain’s pockets: the effects of an eco economic makeover

propertytalk Live! - £6.6 billion in Britain’s pockets: the effects of an eco economic makeover

Britain could stand to gain £6.6 billion from a burgeoning green economy, says Home Economics, a new Energy Saving Trust report painting the economic picture of a shift towards green industry.

Insulating all remaining fillable lofts and cavities and replacing all G rated gas boilers with modern condensing boilers and heating controls would also see 140,000 jobs supported – with 9 million tonnes of CO2 saved as the nation
moves towards hitting its carbon reduction targets.

The study looked at the economic impacts for three ‘scales of ambition’:

I. Lofts and cavity wall insulation. Insulating all the remaining fillable lofts and cavity walls on a national and regional level

II. Insulation and heating systems. Lofts and cavity wall insulation plus replacement of the least efficient gas boilers (G-rated) and installation of heating controls in all suitable homes.

III. Advanced eco-refurbishment. A sustainable overhaul of the housing stock with advanced insulation, modern, efficient heating systems, and microgeneration measures such as solar photovoltaic panels fitted to all suitable homes.