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17:30 - 19:00 3 April 2012

Is the Green Deal a red herring?


GO1, Ground floor lecture theatre | Central House (link Map)
14 Upper Woburn Place | London | WC1H 0NN |

Open to: Academic | Alumni | Public | Student
Ticketing: Pre-booking essential

Speaker information

Russell Smith, Managing Director, Parity Projects, Russell Smith is Founder and Managing Director of Parity Projects, a company dedicated to transforming the existing housing stock making greener homes a reality for everyone. Every property is unique in its location, size, the materials it’s made from, the weather it’s exposed to and most importantly, the people who live there; Parity ensures that the measures it recommends and installs are appropriate for each case.

As industry in all corners scrambles to position itself in readiness for a perceived retrofit bonanza provided by the Green Deal from Autumn 2012, and as we contemplate the impact of Government delaying the Energy Bill which drives it by 3 months, we thought it would be useful to sit back and really look at what is happening here. What problems is the Green Deal trying to solve? Well, there is one key problem at its heart – that the interventions saving the most energy and CO2 emissions have long economic paybacks beyond their time in the house and householders do not have the upfront cash to pay for them. Full stop. It will achieve this by allowing a long term loan to be fixed to a property (not the owner) but in such a way that it ensures the total household outgoings (energy plus loan) will remain lower than the original energy bill. Russell will address the core of this and will debate the question 'Is the Green Deal a red herring?'


Ellie Jones
+44 (0) 0207 679 9027 | e.jones@ucl.ac.uk


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