Stamp duty nudges are the clear winner to deliver energy efficiency for UK consumers
At a MIMA supported Energy Efficiency 'Dragons Den' style policy event at Policy Exchange today, four energy efficiency experts pitched their policy solutions to four policy dragons.
David Adams of Willmott Dixon started with pitching EPC-linked stamp duty variations, followed by Dustin Benton of Green Alliance’s pitch on a feed in tariff for negawatts. Finishing off the pitches were Richard Griffiths of the UK Green Building Council on green mortgages and Simon Roberts of the Centre of Sustainable Energy on a Demand Reduction Obligation.
The four ‘dragons’ – Dr Dan Poulter MP, member of the Energy and Climate Change Committee, Shadow Minister for Energy and Climate Change, Dr Alan Whitehead MP, Richard Black, the Energy Climate Intelligence Unit and Richard Howard, Head of at Energy at Policy Exchange, critiqued each policy option with a final vote being opened up to the audience.
Sarah Kostense-Winterton, Executive Director at MIMA commented “We had compelling pitches from all the experts – these were clearly well thought out and well supported policy solutions that make sense for the consumer and would enable government to deliver a long term, stable energy efficiency policy.”
"This event helped galvanise the strongest four policy ideas with the revenue positive, EPC-linked stamp duty variations being the clear winner. This solution engages the consumer in the energy efficiency of their own homes, helping them to bring their bills down and keep their homes warm. The Comprehensive Spending Review is just around the corner but we hope that the Chancellor and the Energy Secretary are still in listening mode.”
