Poorly insulated home? You should pay more council tax
Reduced council tax payments and lowered stamp duty for efficient properties will encourage home owners to take up the Government\’s Green Deal policy, a new report has claimed.
That\’s all this is. A slightly and lightly disguised method of increasing the subsidy to this scheme.
Paul King, chief executive of the UK Green Building Council, said: “This sends a powerful message to Government that there are viable policy options available to boost demand for the Green Deal and help tackle the UK’s energy efficiency crisis. The research shows not only the impact additional incentives would have on carbon savings, but how they could breathe new life into the construction sector and boost economic growth.
\”There are some tough political choices to be made, not least in using the tax regime to nudge householders into action, but the opportunities for UK Plc are just so great, that this is a nettle which needs to be grasped.”
Yes, lovely. But that\’s not actually the question, is it?
We need to go back to the original cost benefit analysis. How much money will be saved over time, yes including the costs of carbon emissions, against the cost of doing the scheme. This was worked out, in however lackadaisical a fashion, before the scheme was launched. Now you\’re saying that it requires more subsidy. OK, that\’s fine, that\’s an argument we can have.
But to have that argument we need to go back to that original cost benefit analysis, add in this new and extra subsidy, and then see if the benefits are still greater than the costs. I wouldn\’t be so sure they are myself but that is indeed what should be done.