Carbon reduction initiative for public sector launched
New energy efficiency loans will be made available to hospitals, leisure centres and public sector organisations such as local authorities and central government departments thanks to a new initiative.
Some £51.5 million in interest free loans will be provided through the government-sponsored energy saving programme, which is backed by Salix Finance and the Carbon Trust.
The money is aimed at helping the organisations to take advantage of new energy saving technology and it is estimated that around £14 million will be saved annually in fuel bills, according to minister for energy and climate change Joan Ruddock.
"Following the announcement of our ambitious carbon budgets, all public sector organisations should lead by example by pioneering ways to reduce carbon emissions," she stated.
"I hope that schools, hospitals and fire stations will look into projects they can undertake, and use this funding opportunity."
The funding is a build up to the Carbon Reduction Commitment, which is an innovative mandatory climate change and energy saving scheme for the UK.
It begins in April 2010.
Saturday 20th June 2009