November 29, 2022 at 00:26
Hunting for the British Chancellor of the Exchequer.
[The Paper]On November 28 local time, the British government plans to release 1 billion pounds (about 8.67 billion yuan) of public funds for residential insulation projects starting early next year. Previously, the UK had only provided such assistance to families in need.
Reuters reported Nov. 28 that Britain’s Chancellor of the Exchequer Hunt said in a statement earlier in the day that this ECO+ (extreme energy saving) plan ‘will help thousands of Britons heat better by reducing fuel consumption Save families hundreds of pounds’ .”
British Secretary of Business, Energy and Industrial Strategy Grant Shapps (Grant Shapps) also said that the residential insulation project will help the UK reduce its dependence on imported energy. Shapps also said the government would launch an £18m public information campaign to encourage the public to prevent drafts in their homes, turn off the heating in empty rooms and lower boiler temperatures.
The UK government has said the proposed scheme to insulate homes will run from early 2023 until March 2026, helping to meet the immediate target of reducing energy use by 15% by 2030.
Hit by the conflict between Russia and Ukraine and soaring natural gas prices, Europe is facing an energy crisis, according to previous reports. The UK has long relied on natural gas as its main source of energy, so it has been relatively severely impacted.
