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Scheme will issue vouchers to just 49,000 people by end of March at current rate, analysis finds
Forty per cent of UK emissions come from households. Photograph: David Levene/The Guardian
Forty per cent of UK emissions come from households. Photograph: David Levene/The Guardian
Fri 26 Feb 2021 01.00 EST
The government’s flagship green homes grant scheme will help just 8% of its target 600,000 households switch to renewable energy by the end of March, analysis reveals.
The £2bn for the scheme is being withdrawn at the end of next month. Analysis by the Energy and Climate Intelligence Unit thinktank reveals that at the current rate it will issue vouchers to just 49,000 members of the public by that time.
Green homes grant will meet only tiny fraction of target in England msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Sizewell C uncertainty mounts as potential backer rules out support for nuclear plant
Legal & General (L&G) has ruled out funding the proposed Sizewell C nuclear power plant in Suffolk.
L&G has not spoken publicly about its plans but according to the
Telegraph, one of its investment service consultants said in a written response to a pension-holder: “I have had it confirmed that Legal & General will not be investing in the Sizewell C nuclear power plant.”
But the project will also need institutional investors, which EDF argues can make stable returns over the decades of a reactor’s life. L&G declined to comment.