UK to spend $2.2B on energy efficiency, slashing emissions

LONDON

The British government on Wednesday announced it will allocate £1.8 billion ($2.2 billion) to increase energy efficiency and cut emissions of homes and public buildings across England.

Over 115,000 homes are expected to get upgrades through the funding, according to a government statement.

A majority of the funds – £1.4 billion – will go to local authorities, providers of social housing, and charities.

Another £409 million will be given to reduce carbon emissions of hospitals, schools, museums, universities, and other public sector buildings.

The plan will help households save between £220 and £400 annually on energy bills, as well as support about 20,000 jobs in the construction and home retrofit sectors, the statement said.

LONDON

The British government on Wednesday announced it will allocate £1.8 billion ($2.2 billion) to increase energy efficiency and cut emissions of homes and public buildings across England.

Over 115,000 homes are expected to get upgrades through the funding, according to a government statement.

A majority of the funds – £1.4 billion – will go to local authorities, providers of social housing, and charities.

Another £409 million will be given to reduce carbon emissions of hospitals, schools, museums, universities, and other public sector buildings.

The plan will help households save between £220 and £400 annually on energy bills, as well as support about 20,000 jobs in the construction and home retrofit sectors, the statement said.