'Green Deal' affected by bureaucracy and poor implementation, says BMF

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'Green Deal' affected by bureaucracy and poor implementation, says BMF

The Builders Merchants’ Federation (BMF) has released a note commenting the review of the Green Deal by the House of Commons’ Public Accounts Committee.

In its contribution to the Public Accounts Committee, the BMF said that:

  • The ‘pay-as-you-save’ concept is fundamentally sound but was not working well. The Green Deal suffered from undue levels of bureaucracy (notably consumer credit, accreditation & warranties/guarantees), unattractive finance and poor implementation. Legal, financial and IT complications meant it began slowly, was too complex, and was under-promoted to the public
  • Ministers got carried away in their ambition and foolish remarks were made

Remarkably, the National Audit Office (NAO) underlined the Green Deal - which costs taxpayers £240 million - failed to deliver any meaningful benefit. The Department of Energy & Climate Change (DECC)’s aim to encourage residents to pay for improvements looked good on paper - but yielded low-levels of energy & carbon savings and cost  £17,000 per home loan.

 

[News URL: http://www.cti-timber.org/content/green-deal-affected-bureaucracy-and-poor-implementation-says-bmf]