The Coalition government announced on March 11th 2011 details of their new Renewable Heat Incentive, describing it as a way of revolutionizing the way we generate heat. Despite the fact that no one believes a word this government says when it comes to green issues after their slashing of the successful feed in tariffs, the government nevertheless claims that this is the first financial support scheme for renewable heat anywhere in the world.
The scheme aims to offer long term financial support for renewable heating installations and it aims to promote the uptake of any kind of renewable heat. The scheme is to be rolled out in two phases. During the first phase the scheme will be targeting non-domestic energy producers in the public, business and industrial sector, a group that currently contributes around 38% of Britain’s carbon emissions. The second phase will then be expanding the scheme with the purpose of including more and hopefully better technologies in addition to more support for domestic providers and suppliers. The aim is that this will coincide with the Green Deal, penciled in for October 2012.
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