Britain is pursuing its carbon target through emissions reduction, not carbon trading. A 'Green Deal' is key to this. The relevant govt department describes this as 'a framework to enable private firms to offer consumers energy efficiency improvements to their homes, community spaces and businesses at no upfront cost, and recoup payments through a charge in instalments on the energy bill.'
The description of the policy, in a doc at the above website, includes the following:
'Three quarters of the energy we use in our homes is for heating our rooms and our water, most of which comes from gas-fired boilers ... we need to make our homes, communities and workplaces more energy efficient, and heat and power them from low carbon sources' (p. 7)
'Green Deal finance could extend to other low carbon energy technology in future, such as microgeneration and combined heat and power sources, should they meet the golden rule' (i.e. savings must be greater than or equal to extra costs on a consumer's energy bill) (p. 10)
The UK is creating an environment in which CFU will flourish, if the pricing is competitive.
CFU Price at posting:
10.8¢ Sentiment: Hold Disclosure: Held
