Short term employment and economic implications of GD/ECO framework
Next year marks a sea-change in the way energy efficiency measures are delivered in Britain, with the Carbon Emissions Reduction Target, the Community Energy Saving Programme and Warm Front coming to an end, and the Green Deal and Energy Company Obligation (ECO) framework commencing.
Using the Government’s Impact Assessment of the framework as its starting point, this briefing paper outlines the short term employment and economic implications of the transition as it currently stands, encompassing job and Government revenue losses that stand to be made in the interim, particularly in 2013. The paper further outlines how, given the overall ambition for the Green Deal and ECO in the medium term, such losses in the interim need not become a reality by making a few simple adjustments entirely in keeping with the spirit of the new framework.
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