The stamp duty plan for energy-efficient homes


The stamp duty in England can be changed to encourage people to make their homes more energy efficient.

The energy minister Claire Perry told the BBC’s households would face a “carrot and stick” to encourage them to save on the heating bills and carbon emissions.

It can be an integral part of a plan by ministers to get about a million homes a year renovated over the next two decades.

The government does not meet its climate change laws, unless it can reduce emissions of domestic heating.

The proposals are part of the government’s long-delayed Growth Own Plan, to be published Thursday, which defines the way in which it aims to reduce carbon emissions across the economy as a whole.

In the framework of the Climate Change Act, the government must reduce CO2 emissions by 57% compared to 1990 levels by 2050.The house of the emissions of

A recent report called for radical policies to encourage property owners – such as the collage of people that sell cold, draughty houses, or the introduction of a variable stamp duty to reward those who have protected their homes and punish those who have not.

The point-of-sale of a home is considered the best time to undertake the improvements that many people find expensive and disruptive.

Ms. Perry told the BBC Radio 4 programme Today, and it was “interested” in the idea of the lowering of the stamp duty on properties that have been made energy efficient.

She described the idea as potentially one of the “incentives” to encourage owners in the implementation of energy saving measures on their homes.

She added: “It is more likely that a house where the insulation has been put in would attract a higher value, because the cost of running the home during the life of the property would be lower.”

The application of the stamp duty is devolved across the united KINGDOM, so that it only applies for energy-efficient homes in England.

Homes now account for 13% of UK emissions, and this proportion rises to 22% once the use of electricity is taken into account.

Ed Matthew, from the climate change think tank E3G, welcomed the plan but said there must be a clear strategy.

He told BBC News: “The government is trying to triple the speed at which the houses are isolated. This policy is really ambitious, but he needs money – and the Treasury has to stump up.”

The united KINGDOM has led the developed world by strengthening its economy by 60%, while the reduction of carbon emissions of 42% since 1990. But most of the carbon economy has come through the cutting down on burning coal for power.

Advisors warn that the government of the future policies will lead to miss carbon targets at long distances. They say that emissions from transport and housing have recently been on the rise.

Ms. Perry stated that the plan would cover all parts of the economy, including cars and industrial emissions.

But the energy of the activists fear the plan will not contain the measures necessary to meet the government’s own laws in terms of reducing carbon emissions.

Jonathan Church, a spokesperson for the environmental lawyers ClientEarth, said the strategy does not go far enough.

He said: “We need a firm commitment to say the way in which the UK decarbonise. Ministers do seem to be trying to make up for the ground lost with their new strategy, but they haven’t done enough.”

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