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Clean Growth Plan could see stamp duty incentive for homeowners | Clean Growth Plan could see stamp duty incentive for homeowners |
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Stamp duty in England may be changed to encourage people to make their homes more energy efficient. | |
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 may form part of a plan by ministers to get about a million homes a year renovated during the next two decades. | It may form part of a plan by ministers to get about a million homes a year renovated during the next two decades. |
The government will fail to meet its climate change laws unless it can cut emissions from household heating. | The government will fail to meet its climate change laws unless it can cut emissions from household heating. |
The proposals are part of the government's long-delayed Clean Growth Plan, being published on Thursday, which defines how it aims to reduce carbon emissions across the whole economy. | The proposals are part of the government's long-delayed Clean Growth Plan, being published on Thursday, which defines how it aims to reduce carbon emissions across the whole economy. |
As part of the the Climate Change Act, the government needs to cut CO2 emissions by 57% from 1990 levels by 2050. | As part of the the Climate Change Act, the government needs to cut CO2 emissions by 57% from 1990 levels by 2050. |
Home emissions | Home emissions |
A recent report called for radical policies to incentivise homeowners - 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 homeowners - 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. | 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 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." |
The application of stamp duty is devolved around the UK, so this would only apply to energy efficient homes in England. | |
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. |
Ed Matthew, from the climate change think tank E3G, has welcomed the plan but says there needs to be a clear strategy. | Ed Matthew, from the climate change think tank E3G, has welcomed the plan but says there needs to be a clear strategy. |
He told BBC News: "The government is trying to triple the rate at which homes are being insulated. This policy is really ambitious but it needs money - and the Treasury has to stump up." | He told BBC News: "The government is trying to triple the rate at which homes are being insulated. This policy is really ambitious but it needs money - and the Treasury has to stump up." |
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. |
Jonathan Church, a spokesman for the environmental lawyers ClientEarth, said the strategy didn't go far enough. | Jonathan Church, a spokesman for the environmental lawyers ClientEarth, said the strategy didn't go far enough. |
He said: "We need a firm commitment to say how the UK will decarbonise. Ministers do seem to be trying to make up lost ground with their new strategy, but they have not done enough." | He said: "We need a firm commitment to say how the UK will decarbonise. Ministers do seem to be trying to make up lost ground with their new strategy, but they have not done enough." |
Follow Roger on Twitter @rharrabin | Follow Roger on Twitter @rharrabin |