THE CASE FOR A GOVERNMENT FINANCED NATIONAL INSULATION SCHEME Ken Neal Post Graduate Diploma in Architecture: Advanced Environmental & Energy Studies Ken Neal & Associates Building Design & Environmental Consultants

THE CASE FOR A GOVERNMENT FINANCED NATIONAL INSULATION SCHEME Why ? Problems not addressed by Green Deal alone Problems with the Green Deal Scale of the problem Level of insulation required Benefits to the nation How to achieve target Conclusions

THE CASE FOR A GOVERNMENT FINANCED NATIONAL INSULATION SCHEME Problems not address by Green Deal National indebtedness Personal indebtedness Shortage of bank liquidity Failure of QE to stimulate business lending Lack of growth in the economy Increasing balance of payments deficit Fuel supply uncertainties 40% reduction in electricity generation Climate Change Act Aging housing stock Aging population Fuel poverty rising Low interest payments

THE CASE FOR A GOVERNMENT FINANCED NATIONAL INSULATION SCHEME Problems with the Green Deal £10k spending limit Golden Rule Unwillingness to spend Interest charge Slow workings Needs strong uptake

THE CASE FOR A GOVERNMENT FINANCED NATIONAL INSULATION SCHEME Why? Scale of the problem is immense 25 million homes in UK

THE CASE FOR A GOVERNMENT FINANCED NATIONAL INSULATION SCHEME Levels of insulation required 80% savings for Climate Change Act/Kyoto PassivHaus/Zero Carbon standards 80% readily achievable Case studies

THE CASE FOR A GOVERNMENT FINANCED NATIONAL INSULATION SCHEME Benefits to the Nation 32% saving on our national fuel bill Fuel poverty reduction Increased jobs Bolster growth

THE CASE FOR A GOVERNMENT FINANCED NATIONAL INSULATION SCHEME How to achieve target? Housing Associations Education Multi house contracts

THE CASE FOR A GOVERNMENT FINANCED NATIONAL INSULATION SCHEME Conclusions Green Deal can’t work Current financial system inadequate Current Building Regulations Part L inadequate New thinking necessary Commend this solution