Despite the countless efforts to reduce Britain’s carbon footprint, carbon dioxide emissions are higher than ever. The UK government continues to try, though, with Green Deal set to launch in October of 2012. The government initiative will fund the installation of green technologies in properties. The loan is paid back by property owners with the difference in energy bills they make over time. Essentially, the Green Deal funding covers heating, ventilation, air conditioning, insulation, lighting, water heating, and microgeneration. This includes loft, door, wall and window insulations. The Green Deal’s home energy generation funding has been labelled as “the largest home improvement scheme since the Second World War”.
Fortunately, people are more concerned about the environment now than they were a few years back. Because carbon emissions have increased dramatically, the situation is beginning to gain more interest with the general public. Groups are springing up from around the world and big agencies are finally getting involved. The problem still persists, though—a lot of people are unaware of what’s going on. So what exactly is this problem, then?
‘Carbon cutting’ is the actual reduction of carbon outputs from properties. Carbon dioxide (CO2) is released as a waste product when you burn a fossil fuel. The burning of fossil fuels is what generates heating and electricity for homes and businesses. The waste product, though, is correlated with global warming—a large-scale temperature increase of our planet. At the current rate of carbon emissions, there may be devastating effects for future generations.
The Green Deal Initiative
The British government aims to cut carbon output by 34% by 2020—a target set way back in 1990. Obviously, progress has been slower than expected, which is why the Green Deal has sprung up. The Green Deal is the latest government scheme which aims to aware the public about the situation and gets them to take action.
The process is actually simpler than most people think. As a home or business property owner, the first step is approaching a certified Green Deal installer. They will assess your property in detail and give you a list of potential improvements. If the energy savings on the improvements are higher than the costs of improvements, a loan will be authorised. Work begins straight away and your next energy bill will be lower. You’ll feel much better being greener and making savings at the same time! And yes, it really is that simple!
Green Deal ‘Golden Rule’
Naturally, property owners would be worried about the costs involved with this whole process. They may be worried that energy savings will not be enough to pay back their loans. This is why the Green Deal follows a guideline that protects property owners from paying back more than they can afford. The Green Deal’s Golden Rule states that “the energy savings a property makes in a 25 year period must be equal to or more than the cost of implementing the changes in the first place. This ensures that the property owner is not paying back more to partake in the Green Deal than they are saving on their energy bills”.
Predicting future energy costs can be a difficult task for analysts, but the Green Deal tries its best to ensure financial protection for its users.
The Problem Now
The main issue at hand is the actual awareness of the Green Deal. An estimated 14 million homes in the UK need to go on board with the Green Deal in order to meet the government’s planned carbon cut of 34%.
Property owners are also sceptical of actual savings they will make on their energy bills. What they must understand is that the Green Deal pays for all upfront installation costs. Think of the Green Deal as a loan that home and business owners pay back through savings they make on their bills.
Another issue is that people are simply lazy. There is an obvious hassle factor involved with the initial proceedings, even though it’s completely free. On the other hand, some businesses may not have the time to involve themselves with the Green Deal. Because of all these reasons, Green Deal’s success largely lies in the hands of small and qualified providers.
There are no excuses to why anyone would put off environmental issues as unimportant. Whatever the economic or political situation may be, the UK has a global responsibility to reduce its carbon emissions. The carbon footprint we leave on the Earth will have adverse effects for future generations. The Green Deal isn’t the first government attempt at cutting carbon outputs, but it may be the last. No one knows for certain, so all we can do now is try our best.
Sohaib Siddique is keen to promote the installation of green technologies, and works for a London taxi advertising company that are known for providing successful taxi advertising solutions for World leading brand for over a decade.