The government was roundly criticised for scrapping the green homes grant six months after its launch. The £1.5 billion scheme offered households grants to install insulation or low-carbon heating, which are vital steps in cutting emissions from Britain’s old, draughty buildings.
In Europe, on the other hand, builders are gearing up for a splurge of spending on renovations, with a target to reach 35 million buildings by 2030.
The European Commission regards building renovations as a triple win: you are tackling the energy efficiency of buildings, which account for almost 40 per cent of CO2 emissions related to energy use; building work is rooted in local economies and the renovation wave will create an estimated 160,000 jobs, providing a sorely needed economic boost after
