From an environmental viewpoint, the Annual Statement issued by Her Majesty’s Treasury makes poor reading with only one mention of an environmental initiative.
The Government commits to improving the energy efficiency of buildings to benefit energy bill payers and the environment through the Green Deal. There is an additional one-off support of £200 million to encourage early uptake of the Green Deal in its initial phase over 2012-13 and 2013-14. Further details on funding for additional years will be set out in subsequent Annual statements and will be subject to state aid considerations.
For a copy of the Annual Statement 2011, please go to http://bit.ly/uWgMrQ