We are pleased to announce that Peabody has joined the Energy Bill Revolution alliance, calling for warm homes and lower bills.
The Energy Bill Revolution is calling on the Government to use the money it gets from carbon taxes to make our homes super-energy efficient. This is the only permanent way to drive down energy bills and end fuel poverty.
From next year the Government will be collecting over £2 billion in carbon tax every year, rising to £4 billion by 2020 and £7 billion by 2027. Recycled back into energy efficiency programmes, this would be enough to super-insulate more than 600,000 homes a year, bringing 9 out of 10 homes out of fuel poverty. It could also quadruple carbon emission savings from households compared to the government’s new energy efficiency policies and create up to 200,000 more jobs – exactly what we need to support the UK’s economic recovery.
Peabody said:
‘Peabody is a unique housing provider. We operate solely within London, a city of extremes of wealth and poverty. We aim to lift people out of poverty and get them into work, as well as provide high quality housing. Many of our residents are on low or fixed incomes. They know first-hand what it is like to live in cold properties which they can’t afford to heat properly. We believe the Energy Bill Revolution Campaign is a win:win for people who live in fuel poverty and for efforts to combat climate change. By recycling carbon taxes into domestic energy efficiency, we will help lift people out of poverty and tackle greenhouse gas emissions from the country’s housing stock, in those properties most affected and least able to pay. It’s a simple and effective solution to the world’s most pressing problem. Peabody is proud to support the Energy Bill Revolution.’
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