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Clean Growth Plan could see stamp duty incentive for homeowners | Clean Growth Plan could see stamp duty incentive for homeowners |
(about 1 hour later) | |
Stamp duty may be changed to encourage people to make their homes more energy efficient, with better insulation. | Stamp duty may be changed to encourage people to make their homes more energy efficient, with better insulation. |
Energy minister Claire Perry told the BBC householders would face "carrots and sticks" to prompt them into saving on heating bills and carbon emissions. | Energy minister Claire Perry told the BBC householders would face "carrots and sticks" to prompt them into saving on heating bills and carbon emissions. |
It is part of a scheme by ministers to get about a million homes a year renovated for the next two decades. | It is part of a scheme by ministers to get about a million homes a year renovated for the next two decades. |
The government will fail to meet its climate change laws unless it can reduce emissions from heating houses. | The government will fail to meet its climate change laws unless it can reduce emissions from heating houses. |
The proposals are part of the government's long-delayed Clean Growth Plan, being published on Thursday. | The proposals are part of the government's long-delayed Clean Growth Plan, being published on Thursday. |
Home emissions | Home emissions |
A recent report called for radical policies to incentivise home owners - such as fining people who sell cold, draughty homes, or introducing a variable stamp duty to reward those who have insulated their homes and punish those who have not. | A recent report called for radical policies to incentivise home owners - such as fining people who sell cold, draughty homes, or introducing a variable stamp duty to reward those who have insulated their homes and punish those who have not. |
The point of sale of a house is seen as the best time to undertake improvements that many people find costly and disruptive. | The point of sale of a house is seen as the best time to undertake improvements that many people find costly and disruptive. |
Ms Perry told the BBC Radio 4's Today programme she was "interested" in the idea of lowering stamp duty on properties that have been made energy efficient. | |
She described the idea as potentially "one of the incentives" to encourage homeowners into implementing energy-saving measures on their houses. | |
She added: "It's more likely that a home where insulation has been put in would attract a higher value, because the running cost of that home over the lifetime of ownership would be lower." | She added: "It's more likely that a home where insulation has been put in would attract a higher value, because the running cost of that home over the lifetime of ownership would be lower." |
Homes now account for 13% of the UK's emissions, and this rises to 22% once electricity use is taken into account. | Homes now account for 13% of the UK's emissions, and this rises to 22% once electricity use is taken into account. |
Ms Perry also said there would be "carrots and sticks" introduced to encourage homeowners to take up energy efficiency measures. | Ms Perry also said there would be "carrots and sticks" introduced to encourage homeowners to take up energy efficiency measures. |
"We've been very clear that in the worst energy efficient rented homes we are expecting landlords to upgrade those to a better efficiency standard." | "We've been very clear that in the worst energy efficient rented homes we are expecting landlords to upgrade those to a better efficiency standard." |
The UK has led the developed world by boosting its economy 60% whilst cutting carbon emissions 42% since 1990. But most of the carbon saving has come through cutting down on burning coal for power. | The UK has led the developed world by boosting its economy 60% whilst cutting carbon emissions 42% since 1990. But most of the carbon saving has come through cutting down on burning coal for power. |
Advisors warn that the government's future policies will lead them to miss carbon targets by a long distance. They say emissions from transport and housing have recently been going up. | Advisors warn that the government's future policies will lead them to miss carbon targets by a long distance. They say emissions from transport and housing have recently been going up. |
Ms Perry said the plan would cover all parts of the economy, including cars and industrial emissions. | Ms Perry said the plan would cover all parts of the economy, including cars and industrial emissions. |
But energy campaigners fear the plan will not contain the measures necessary to meet the government's own laws on cutting carbon. | But energy campaigners fear the plan will not contain the measures necessary to meet the government's own laws on cutting carbon. |
Follow Roger on Twitter @rharrabin | Follow Roger on Twitter @rharrabin |