The Government’s Clean Growth Strategy – published today (October 12) sets out how the whole country can benefit from low carbon economic opportunities through the creation of new technologies and new businesses.
Business and Energy Secretary Greg Clark said:
“This government has put clean growth at the heart of its Industrial Strategy to increase productivity, boost people’s earning power and ensure Britain continues to lead the world in efforts to tackle climate change.”
Measures set out in the Strategy include improving business and industry efficiency by:
• developing a package of measures to support businesses to improve their energy productivity, by at least 20% by 2030
• establishing an Industrial Energy Efficiency scheme to help large companies install measures to cut their energy use and their bills
• demonstrating international leadership in carbon capture usage and storage (CCUS), by collaborating with our global partners and investing up to £100 million in leading edge CCUS and industrial innovation to drive down costs
Read more about this story at Gov.uk
A new study has called calls for a new approach to encourage investment in business energy efficiency.
Source: The Energy Collective
Members of the European Parliament’s environment committee have voted for a legally binding target of a 40 per cent increase in energy efficiency by 2030, as well as for the closing of a number of loopholes that undermine annual energy savings.
In doing so they have set a challenge to the compromise of 30% delivered by EU energy ministers in June – a non-binding target.
The key question is: Will the EU eventually settle on a 30% or 40% target when it votes later this year?
On one side – in particular the coal industries of eastern European countries – are those arguing for the lower target.
And on the other the environment committee wants to see Europe’s nations being much more ambitious on saving energy in order to reach the Paris Agreement targets.
The committee also called for a strengthening of the new Directive on the Energy Performance of Buildings to ramp up the current slow annual renovation rate of European buildings (around 0.4-1.2 per cent depending on the Member State).
Currently, there is an urgent need for widely available financing products that would include and support the positive aspects of energy efficiency renovations, such as the higher asset value and healthier living conditions for the occupants.
If adopted, this would call upon Member States to establish a long-term strategy for mobilising investment in the renovation of residential and commercial buildings, both public and private, to decarbonise the total building stock by 2050.
Read more on this story at The Energy Collective
The Government has launched (September 18) a Green Finance Taskforce to assist the low-carbon economy and boost the UK’s position as a “world leader” in clean growth investment.
Carbon Brief reports that UK homeowners could cut their yearly bills by hundreds of pounds by making their properties more energy efficient.
An independent review looking at ways to reduce energy costs has been launched by the government.
Source: Clean Energy
The Department for Business, Energy and Industrial Strategy and the energy regulator Ofgem have released plans for a major upgrade of the UK’s energy system.
A new international standard created to simplify the measuring and reporting of greenhouse gas (GHG) emissions from existing buildings will “bring a response to the expectations of all”, according to industry experts.
With imminent changes to the government’s carbon reduction initiatives, continuing opportunities to receive Climate Change Levy discounts and increased government enforcement activity for organisations failing to comply with ESOS regulations, it’s more important than ever to stay well informed.
Source: the energyst.com
The Environment Agency is launching civil enforcement proceedings against organisations that have failed to comply with Esos energy efficiency regulations.