!is problem can begin to be tackled
by an act of intergenerational solidarity between those baby boomers
born before the mid-1960s to start supporting younger job seekers
through investing some of their pensions and other private savings
in a massive labour-intensive, energy-saving programme, with the
repayments coming from the resulting lower energy bills.
People pay lower energy bills. This finances the capital required how?
If people pay the same energy bills but use less energy then I can see how the capital expenditure gets a return. But I really don\’t see how lower energy bills will finance more capital expenditure.