Thursday, 24 May 2012

Going green v the credit crunch

Posted in: Discussion | Policy forum

02/07/2008 11:12 am

Philippa Ward

Philippa Ward

Posts: 3

How badly is the green agenda going to be badly hit by the credit crunch? Do people think that the timeline for the code for sustainable homes is impractical in the face of falling house build numbers and an economic downturn?

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Rosa Hooses

Rosa Hooses

Posts: 9

16/07/2008 12:28 pm

Presumably the Code was introduced to reduce the effects of climate change, and reduce fuel bills for people on low incomes in social housing.

I appreciate that build costs etc are increasing, but the Code for Sustainable Homes was not introduced based on the profitability of development, so why remove it when profitability changes?

Or does a fall in Taylor Wimpey’s share price mean that the planet is no longer under threat from global warming?

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Clara Story

Clara Story

Posts: 5

16/07/2008 3:55 pm

There is a lot of money to be made from refurbishing existing housing to green standards - it's actually worth builders' while to get in on the act, especially if there is less new building work going on due to the credit crunch. Seeming as most of our polluting housing is inefficient old stock, maybe we need to focus on getting that up to scratch.

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Simon Brandon

Simon Brandon

Posts: 6

17/07/2008 11:38 am

The CC might already be good news here: developing housing associations hampered by faltering section 106 deals and pathfinders having trouble attracting private investment have said that they will be concentrating more on their refurb programmes until all this blows over.
Nice nick Rosa BTW - unless that is your real name, in which case you probably picked the right career.

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