Basics of the Green Deal Scheme

The Green Deal is a UK energy efficiency program aimed at modernizing the millions of homes across the country which are completely lacking when it comes to being efficient in energy related matters. This flagship programme, which was launched in October 2012, is open to every UK resident who wishes to take the necessary steps to help cut draught and heat loss via several different steps. A significant feature of the Green Deal is its aim of reducing energy consumption in a typical household, which should go a long way to reducing energy bills, especially with the ever-increasing prices reported in the market.

It is estimated that the properties in the UK are among the most wasteful in relation to heat loss in the Western world. A high-volume of waste is noticed in relation to numerous practices seen in office buildings. Also, for the domestic resident who might have the thermostat up high in a draughty property, which might keep the resident in some degree of comfort, but will be quite expensive in relation to energy costs. This is also likely to be very unsustainable for the environment in general.

A key feature behind the creation of the Green Deal is to help with reducing leaking carbon, which comes mostly from the high number of properties leaking heat. It has been well-established that the right installation in wall cavities and loft spaces goes a long way to reducing the amount of carbon emission leaked from a typical residence. Installation features as part of the Green Deal package and is one of the more notable energy-efficient improvements available. If the right steps are implemented it is believed that many families will be able to lift themselves out of fuel poverty. Consumers are starting to be encouraged to implement a comprehensive range of measures which should help homes be much more fuel-efficient in future years.

In order to benefit from the energy-efficient measurements offered in the Green Deal, it will be necessary for an accredited adviser to visit a property to establish its existing energy efficiency and then to decide what improvements might be made. Green Day advisers are only concerned with the suitability of the particular property; no other criteria will come into play, including the available funds a homeowner might have. An adviser will also offer practical advice on what action might be taken to help with reducing a properties carbon footprint even further.

Green Energy Credits Can Help Your Business Profit from Being Green!

Here’s a thought: can we control pollution by building a nation-wide program that can give financial incentives to industries that can better their environmental and operational baselines? A program for carbon emissions trading, trading green energy credits, does just that. The credits, and the trading system that has evolved from them, are a unique way to control air pollution that could benefit your company on the bottom line as well.

The 1990 Clean Air Act amendments defined a new era in means of control of air pollution: provide for an overall limit on emissions, for specific pollutants for specific industries, and let the industries work together to make certain it works, by giving them a way to benefit from doing better than the permit requires. This program was the result of the recognition that we need electricity, that energy generation emits pollutants, and that simply demanding massive reductions in emissions is a certain way to make the cost of electricity very high.

Under the EPA program, a “Cap”, or a maximum permitted amount of emissions, is defined for a group of sources. Permit holders are given allowances to emit a specific quantity of pollutants (e.g., a “ton”). The total number of allowances across a target group defines the level of the cap.

Industries can meet their emissions compliance targets by technology, that is, with air pollution control equipment, or by acquiring allowances from other permit holders, at a price. So, those who do better than their permit requirements have allowances available that can be sold to other operators, which provides all the parties in the group with a market-based means of achieving compliance, since the total amount of allowances represents the maximum allowable total emissions from that industry group.

Those who have money for technology install it and reduce their emissions. They can sell their excess allowances to those who do not have the newer technology, and they will certainly sell them for as much as they can–at more than the cost of the technology-thereby eventually forcing the others to spend the capital budget to be competitive.

Further, EPA regularly removes a number of allowances from the pool to ratchet down the total amount of air pollution. This program has been overwhelmingly successful in controlling Acid Rain.

So interest has been building in finding a similar means to reduce greenhouse gases. EPA doesn’t regulate these yet in this fashion. But a financial market has developed that is willing to assign values to credits, and in Europe an already existing program provided a model.

In the US, the Chicago Climate Exchange allows its members to trade carbon financial instruments, based on caps and offsets agreed to by members and the exchange. Members trade contracts based on 100 metric tons of carbon emissions per contract. The mechanism for defining the cap is a baseline of operations for each business or member. If your operation does not directly emit carbon dioxide, other emissions can be converted to carbon dioxide equivalents, using a Greenhouse Gas Protocol from the World Business Council for Sustainable Development. The membership requires a legally binding commitment to a phased reduction in carbon generation.

Entities who provide and trade these credits include car makers and coal companies, forestry companies, cities, waste companies, universities, and states. The emissions sources and offset projects are found across the hemisphere and include fleet fuels, forest plantings and agricultural methane control schemes–things that benefit our air via reduction of CO2.

So, how do you control air pollution, without limiting the benefits of of the energy we use as a modern civilization? Create a way to make limiting air pollution less costly, and even profitable! If anyone tells you you can’t make money by controlling pollution, tell them there is power in green! it’s green, like money, and trades, like commodities, and traders and industries both benefit!

Green Energy Versus Nuclear Power

With the main UK political parties wanting to create thousands of new green jobs over the next ten years it will be interesting to see how we aim to become a market leader in green technology which is where China are currently the world leader. India is aiming to be a solar country within 10 years as it deals with decreasing fossil fuels and population growth that is gulping petrol and oil at an unprecedented rate.

The effects of climate change seem to be taking second place against cold hard cash and the lack of it as a result of the global recession. Global concerns on security are leading to countries wanting to become less dependent on others for energy which is essential for economies to grow and prosper. There is also the threat that countries considered rouge by the West are developing nuclear power for other purposes than for power.

Once a country develops nuclear power it is less dependent on others and nuclear is definitely needed in countries which are not blessed with the sun for solar power. On the flip side there is the never ending question of what to do with nuclear waste and this has not been resolved to date with all the modern technology that we have at our disposal.

The Conservative Party and Lib Dems have recently been voted in in the UK and they want to spend two hundred billion pounds investing in nuclear and renewable energy in the UK while cutting carbon emissions. These are honourable intentions but I am not sure where the money will come from as we deal with the biggest budget deficit since World War 2. Any increased target of increasing the amount of energy produced from renewable energy is the way forward as it reduces the pollution and environmental damage from fossil fuels.

News announced in May 2010 are that a proposed 40 million solar power development is being discussed in Cornwall which would triple the UKs solar capacity. This money is being raised from private investors which is great to see. Only when solar becomes profitable will we see the wide scale use but these schemes should be subsidised by the tax payer when it makes sense to do so. The use of energy created by sea waves are also expanding in the UK which is logical considering we are an island and more money should be invested in research and development. In parts of the country where there is little wildlife or threat of ecological damage then these are the areas where renewable energy should be concentrated as jobs will be created as a result also.

On a more smaller scale homeowners with surplus solar power are being encouraged to feed this back into the national grid for which they will be paid for.

As a summary it appears that nuclear energy has not been promoted as much as in recent times which is likely to be due to the recession and reduction in energy needs. As the demand for energy increases in the developed world as we come out of recession then I’m sure this article will be very different in the future.