Question to the HM Treasury:
To ask the Chancellor of the Exchequer, pursuant to his oral contribution of 8 July 2020, Official Report, col 973, what plans he has to develop a long term programme with additional funding to improve the energy efficiency of housing across all tenures; and if he will make a statement.
The Government recognises the importance of energy efficiency in achieving our decarbonisation and fuel poverty objectives. That is why the Chancellor recently announced a package of over £3 billion to upgrade homes and public sector buildings. This could support 140,000 green jobs, upgrade 650,000 homes and public sector buildings, and save households hundreds of pounds on their energy bills.
This new funding represents a significant and accelerated down payment on decarbonising buildings, to help stimulate the economic recovery and create green jobs. Allocations for future years will be determined at the Spending Review in the Autumn.
The Government uses a range of levers to meet its environmental objectives. For example, the Future Homes Standard, to be introduced by 2025, will require new build homes to be future proofed with low carbon heating and world leading levels of energy efficiency.