Energy Bill Revolution
The Energy Bill Revolution Campaign calls on Government to invest the money it receives from carbon taxes into improving the energy efficiency of our homes.
From 2013 Government will receive a huge increase in revenue fom two key carbon taxes – the sale of allowances in the EU Emissions Trading Scheme and the new Carbon Floor Price. Research commissioned by the Campaign has calculated these revenues will be on average £4bn a year.
If invested in energy efficiency in the housing stock, this money could remove 9 out of 10 households from fuel poverty, it could produce four times the carbon savings achieved by Green Deal and Energy Company Obligation together and could create between 30,000 and 50,000 direct jobs and up to 200,000 indirect jobs in the wider economy.
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