The government has announced it is to cease funding for
the Green Deal, spelling the end for its flagship energy household efficiency
programme. The scheme offers cashbacks and incentives on such things as double-glazing,
insulation and boilers. The Department for Energy and Climate Change (DECC) said
it took the decision to protect taxpayers, citing low take-up and concerns
about industry standards. Labour said ministers' approach to energy efficiency
had been a "failure". DECC said it would work with the building
industry and consumer groups to agree a new "value-for-money
approach". Future schemes needed to provide better value for money, and
support the goal of insulating one million more homes and the government's
commitment to tackle fuel poverty, it said. Read more on the BBC website.
Reeves examines using private sector funds to speed building of new towns
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Chancellor in talks with banks and investment funds about public-private
partnerships to build infrastructure
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