Laura Sharman 21 September 2021

Green homes 'revolution' would give £9.8bn boost to UK economy, report argues

Green homes revolution would give £9.8bn boost to UK economy, report argues image

A new strategy to decarbonise the UK's housing stock could create up to 138,600 new jobs and boost the economy by £9.8bn by 2030, according to a new report.

The report from Greenpeace argues a 'green homes revolution' to insulate homes and swap gas boilers for low-carbon heating sources could deliver huge economic and social benefits.

The report assesses the impact of three housing decarbonisation scenarios including the Climate Change Committee’s (CCC) central pathway that aims to install just over one million heat pumps per year by 2030 and upgrade all buildings to EPC C standards within the next 10-15 years. It compared this to the Government's current plan to install 600,000 heat pumps per year by 2028.

It found that while all scenarios would provide a significant boost to the economy, the greatest benefits would come from the more ambitious rollout of low-carbon heating technologies and energy efficiency.

Greenpeace UK’s policy director, Doug Parr, said: 'The simple fact is, the government’s current plan to decarbonise homes won’t cut emissions enough to meet its own legally binding climate commitments or tackle the climate crisis.

'A more ambitious plan, which will sufficiently slash emissions from homes, could create many thousands of new jobs right across the country and pump billions into the economy. This should be music to the Prime Minister and chancellor’s ears.'

Greenpeace is calling on the Government to include a package of grants, loans and tax incentives within its upcoming Heat and Buildings Strategy to deploy heat pumps more rapidly. It also wants a commitment to phase out new gas boiler installations by early in 2030, and a fully-funded programme to insulate homes.

Cllr David Renard, Local Government Association housing spokesperson, said: 'Our own analysis found that to achieve net zero by 2050, nearly 28 million homes will need to change how they use energy through methods such as heating systems that produce next to no greenhouse emissions. This will require local leadership where councils as democratic organisations can ensure that the benefits are felt by all.'

SIGN UP
For your free daily news bulletin
Highways jobs

Adult Social Worker

Telford & Wrekin Council
£32,798 to £35,336
We use strengths and asset based approach in our practice. Telford, Shropshire
Recuriter: Telford & Wrekin Council

Business Services Assistant

Leicestershire County Council
£20,046
The Business Services Team within the Environment & Transport Department is looking to recruit a Business Services Assistant. Leicestershire
Recuriter: Leicestershire County Council

Business Services Assistant

Leicestershire County Council
£20,046
The Business Services Team within the Environment & Transport Department is looking to recruit a Business Services Assistant. Leicester, Leicestershire
Recuriter: Leicestershire County Council

Library Services Assistant

Leicestershire County Council
£20,046
As part of a team you will be responsible for providing an excellent, welcoming and efficient service to all customers. Ashby-De-La-Zouch, Leicestershire
Recuriter: Leicestershire County Council

Senior Health Improvement Officer

Leicestershire County Council
£42,552
Leicestershire County Council is looking to recruit a dynamic public health professional . Leicestershire
Recuriter: Leicestershire County Council

Partner Content

Circular highways is a necessity not an aspiration – and it’s within our grasp

Shell is helping power the journey towards a circular paving industry with Shell Bitumen LT R, a new product for roads that uses plastics destined for landfill as part of the additives to make the bitumen.

Support from Effective Energy Group for Local Authorities to Deliver £430m Sustainable Warmth Funded Energy Efficiency Projects

Effective Energy Group is now offering its support to the 40 Local Authorities who have received a share of the £430m to deliver their projects on the ground by surveying properties and installing measures.

Pay.UK – the next step in Bacs’ evolution

Dougie Belmore explains how one of the main interfaces between you and Bacs is about to change.