Back
News

‘Billions more’ investment needed to hit energy use targets

The chancellor has been told that he must commit “billions more” or miss his new target to cut energy use by 15% by 2030.

Jeremy Hunt announced the target in his Autumn Statement and has committed £13bn in funding through to 2028. It includes £1bn over the next three years to insulate the homes of people who are “able to pay”.

Greenpeace has said at least £6bn is needed by the end of this parliament, while business secretary Grant Shapps has said the target will not be “achievable” without a lot more money.

The Times (£)

Up next…