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10,000 UK jobs to be created by insulating homes
A plan to create more than 10,000 jobs in the UK construction industry by insulating homes in the private and public sectors will be announced by Alistair Darling in today's pre-budget report, The Guardian reports.
The UK government will apparently bring forward future capital spending
The Irish government hopes that a grant programme to subsidise the energy upgrading of existing dwellings, the Home Energy Saving scheme, will help provide the stimulus for substantial employment in the construction industry once it moves beyond pilot phase early in the new year.
The Construction Industry Federation has recently estimated that in excess of 900,000 homes built priot to the 1990 Building Control Act should be targeted for energy refurbishment measures such as insulating walls and attics, draught-proofing and boiler replacement.
Estimates on the cost of providing the energy upgrade work vary enormously, and depend, amongst other things, on how much of an improvement is sought, and on the type of dwelling in question. For instance, whilst a few thousand euro may go some distance in terms of attic and wall insulation in particular house types, others may prove much more challenging.
Surely, at a time when economic activity is paramount, as much emphasis as possible should be on making substantial improvements, even if capital costs increase more. Is it not much more economically useful in the current context to invest more money in future-proofing a home - and thereby reducing not only ongoing dependency on imported energy, but also preventing the need for further upgrade work down the line? As the cliché goes, if a job's worth doing, it's worth doing well.
- Capital spending
- construction
- Alistair Darling
- insulation
- Construction Industry Federation
- home energy saving scheme