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19 October 2011 Energy Act Becomes Law
The Energy Act has become law setting in stone the legal framework for the Green Deal, which will be launched in Autumn next year.
The Green Deal will revolutionise the energy efficiency of the nation’s homes and businesses. It will help people insulate against rising energy prices, creating homes which are warmer and cheaper to
run.
DECC’s new “Housing Energy Fact File”, published today, highlights that more than half of homes in Great Britain don’t have sufficient insulation. It shows around 50% more energy is used to
heat and power homes than is used to power UK industry. It is vital, therefore, that action is taken to address home energy efficiency.
Source DECC.
Companies going green
A majority of the world's largest firms are taking action on climate change as part of their business strategy for the first time, a survey has found.
The 10th annual Carbon Disclosure Project, which analysed responses from 396 of the 500 largest companies in the world, found more than two-thirds (68%) now say they put climate change central to their business, compared with 48% last year.
Almost half (45%) are now reporting they have cut their greenhouse gas emissions as a result of steps they have taken to tackle carbon, up from less than a fifth (19%) in 2010.
The Carbon Disclosure Project report, written by PwC, also said there was a link between higher stock market performance and action on climate change, with those that have a strong focus on the issue providing investors with approximately double the average return over the period 2005 to 2011.
source: Guardian online
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