After a government U-turn, it appears that energy companies will now receive subsidies to build new power stations for up to 40-years. Although the change of heart may prove popular for some, most notably energy companies, the government in 2010, pledged that no nuclear power stations would be built if the industry got public subsidy; thanks to rising prices for materials and equipment however, ministers have now backtracked on their promise and plan to provide financial support using public money.
Despite criticism from the general public, with many people voicing the concern that perhaps it is now a time to invest in renewable energy, not everyone feels that the country is being let down by the governmen’s stance on the environment. The Telegraph states that the government wants to weaken emission targets, which would be a positive step to exploiting, or at least making use, of Britain’s gas reserves.
The Chancellor has recently indicated that he would prefer to water down emissions targets in order to increase Britain’s exploitation of gas. After years of chasing the green vote the Conservatives are waking up to the full implications of the energy gap. To get his way within the Coalition, Mr Osborne needs and deserves the moral support of the voters. Although with the views of The Telegraph put into account, MPs still remain angry about the government’s decision to change policy.
Coupled with ministerial resentment, the move will cost the public millions of pounds and present a further step from the government’s original environmental standing. Despite this however, it is still important to invest in green energy and energy efficient products. One lady from The Observer even went as a far as going without heating for a year, with surprising results: I’ve managed well, but friends and family take a dim view of my low indoor temperatures. Meanwhile I find their homes intolerably overheated.
Interestingly, the World Health Organisation (WHO) set adequate indoor heating temperatures at 21C, despite many Brits retaining an average temperature of around 25C. Despite this, countries with lower winter temperatures have been found with lower rates of excess winter mortality; though the homes in those countries, such as Finland, have within them with greater amounts of energy efficient products. With the Office of the Gas and electricity Markets (Ofgem) warning that yet another rise in energy bills is likely in the near future, it is becoming more important for people to save money through energy efficient household products.
Caroline Flint, Labour’s shadow energy and climate change secretary said “Labour plans to create a new energy regulator with the power to force energy companies to pass on savings to customers. We must prioritise making Britain’s homes better insulated and more energy efficient”
But what products are out there to help everyday people save money? Even the lighting arrangements in a household can help save money on bills. For example, an LED light on average uses roughly 80% of its energy on lighting rather than heat. This is in contrast to an incandescent bulb which uses 80% of its energy on heat and only 20% on lighting; meaning that with LED lighting, the average homeowner can look forward to huge savings. With so many suppliers on the market, you can buy a full range of Domestic LED Lighting at the LED Lighting Depot; helping you save both money and the environment.