The Budget is a great piece of parliamentary theatre with the well-prepared speech of the Chancellor followed by a pre-prepared but quickly edited and reshuffled response by the leader of the opposition. The mood music for us is that the Chancellor didn’t mention climate change while the leader of the opposition did.
You need Ockham’s razor to cut through the many assumptions and complexities behind the truth of any budget statement. Many initially sound proposals quickly unravel under closer scrutiny, often leaving an omnishambles. We’ll leave others to undertake the detailed scrutiny of the implications of pension, annuities, savings, taxes and duties reform. We’ll cover the best tomorrow.
Our primary concern with last year and this year’s pension reforms is it seems to be a miss-sellers’ charter. Vulnerable people will be able to access investments more easily under light-touch regulation, with limited access to advice or guidance. Financial literacy in the UK is truly woeful across all age and wealth groups. The Boiler Rooms must be gearing up.
What is beyond doubt is that the Chancellor’s biggest assumption is that everything looks relatively rosy economically and climate change isn’t real. As a country we can drive forward with our addiction to fossil fuels and allow unfettered growth in road traffic which ignores the real costs of petrol.
Ed Davey was thrown a bone in tentative support for the £1 billion Swansea Bay Tidal Lagoon project, positioning it as support for Wales. This is no guarantee that the project will go forward and it should have received more than a 24-word endorsement.
In contrast, North Sea oil and gas merited 204 words and was offered a new single, simple and generous tax allowance. The supplementary charge (an additional corporation tax that raised £1.9 billion last year) on North Sea oil producers was cut from 30 to 20%. The petroleum revenue tax (a direct tax on specific fields in addition to corporation tax on super-profits introduced in 1975 and in place on fields developed before 1993 that raised £1.1 billion last year) was cut from 50% to 30%. Total revenue from UK oil and gas raised £4.7 billion in 2013-14, down from a peak of £10.9 billion in 2011-12. All things being equal this is a tax cut of £1 billion for oil and gas.
We need a more statesmanlike Chancellor who understands economics and climate science.
We needed a greater investment in energy efficiency, clean technology and renewable energy. The green deal remains a miserable failure. Growth could be funded privately with incentives to invest such as an additional green ISA allowance, and the Green Investment Bank being freed to borrow and lend. Nothing was done to redress the £250 million cut in flood defences over the course of this government.
The Chancellor’s declared insurgent industries are television, film and video games. Because just what the nation needs is another Angry Bird game rather than an unlimited supply of domestically produced clean energy to keep all those televisions, consoles, smartphones and tablets running. £140 million for research into infrastructure and cities of the future does not seem commensurate with the challenges we face.
A new help-to-buy ISA top-up for first time buyers does nothing to solve the underlying problem of supply. We need 232,000 new houses per year while only 109,000 are being built. Between 2001 and 2011, 200,000 homes were built in areas of significant flood risk, with 5.2 million properties now at risk in England alone. In 2011, the coalition relaxed planning rules meaning councils no longer need to report cases where they ignored Environment Agency advice. We desperately need a Royal Commission on Housing to address catastrophic and long-term market failure.
In summary, our disappointment with the budgets 2011 to 2015 is consistent. None of them have been the product of the greenest government ever. The economic recovery and forecasts are all welcome aspects to investigate but are predicated on an old model of unsustainable growth.
Constituency by constituency, voters should choose candidates who will fight for a more sustainable recovery and future for the United Kingdom.
Photo: soosalu via Flickr
How to be More eco-Responsible in 2018
Nowadays, more and more people are talking about being more eco-responsible. There is a constant growth of information regarding the importance of being aware of ecological issues and the methods of using eco-friendly necessities on daily basis.
Have you been considering becoming more eco-responsible after the New Year? If so, here are some useful tips that could help you make the difference in the following year:
1. Energy – produce it, save it
If you’re building a house or planning to expand your living space, think before deciding on the final square footage. Maybe you don’t really need that much space. Unnecessary square footage will force you to spend more building materials, but it will also result in having to use extra heating, air-conditioning, and electricity in it.
It’s even better if you seek professional help to reduce energy consumption. An energy audit can provide you some great piece of advice on how to save on your energy bills.
While buying appliances such as a refrigerator or a dishwasher, make sure they have “Energy Star” label on, as it means they are energy-efficient.
Regarding the production of energy, you can power your home with renewable energy. The most common way is to install rooftop solar panels. They can be used for producing electricity, as well as heat for the house. If powering the whole home is a big step for you, try with solar oven then – they trap the sunlight in order to heat food! Solar air conditioning is another interesting thing to try out – instead of providing you with heat, it cools your house!
2. Don’t be just another tourist
Think about the environment, as well your own enjoyment – try not to travel too far, as most forms of transport contribute to the climate change. Choose the most environmentally friendly means of transport that you can, as well as environmentally friendly accommodation. If you can go to a destination that is being recommended as an eco-travel destination – even better! Interesting countries such as Zambia, Vietnam or Nicaragua are among these destinations that are famous for its sustainability efforts.
3. Let your beauty be also eco-friendly
We all want to look beautiful. Unfortunately, sometimes (or very often) it comes with a price. Cruelty-free cosmetics are making its way on the world market but be careful with the labels – just because it says a product hasn’t been tested on animals, it doesn’t mean that some of the product’s ingredients haven’t been tested on some poor animal.
To be sure which companies definitely stay away from the cruel testing on animals, check PETA Bunny list of cosmetic companies just to make sure which ones are truly and completely cruelty-free.
It’s also important if a brand uses toxic ingredients. Brands such as Tata Harper Skincare or Dr Bronner’s use only organic ingredients and biodegradable packaging, as well as being cruelty-free. Of course, this list is longer, so you’ll have to do some online research.
4. Know thy recycling
People often make mistakes while wanting to do something good for the environment. For example, plastic grocery bags, take-out containers, paper coffee cups and shredded paper cannot be recycled in your curb for many reasons, so don’t throw them into recycling bins. The same applies to pizza boxes, household glass, ceramics, and pottery – whether they are contaminated by grease or difficult to recycle, they just can’t go through the usual recycling process.
People usually forget to do is to rinse plastic and metal containers – they always have some residue, so be thorough. Also, bottle caps are allowed, too, so don’t separate them from the bottles. However, yard waste isn’t recyclable, so any yard waste or junk you are unsure of – just contact rubbish removal services instead of piling it up in public containers or in your own yard.
5. Fashion can be both eco-friendly and cool
Believe it or not, there are actually places where you can buy clothes that are eco-friendly, sustainable, as well as ethical. And they look cool, too! Companies like Everlane are very transparent about where their clothes are manufactured and how the price is set. PACT is another great company that uses non-GMO, organic cotton and non-toxic dyes for their clothing, while simultaneously using renewable energy factories. Soko is a company that uses natural and recycled materials in making their clothes and jewelry.
All in all
The truth is – being eco-responsible can be done in many ways. There are tons of small things we could change when it comes to our habits that would make a positive influence on the environment. The point is to start doing research on things that can be done by every person and it can start with the only thing that person has the control of – their own household.
Top 5 Changes You can Make in Your Life to Reduce Your Carbon Footprint
In a world, where war rages and global warming threatens our very existence, the inhabitants of earth need to be extra vigilant in their efforts to go green. This includes reducing your carbon footprint on the earth and leading a more sustainable life.
Many homeowners feel perplexed by all of the options available to reduce their carbon footprint. They may even feel (falsely) that making their household more green will fail to make that much of a difference in the fight to save our planet.
Even a single home going green has a massive impact on the environment. We can win this battle on home at a time. If you’re interested in accepting the challenge of making your household a green home, read on below for a few of the top changes you can make in your life to reduce your carbon footprint. We all stand to benefit from making the earth safer for future generations – and your wallet won’t complain when you start to see the savings in annual energy costs.
Switch From Dirty Energy to Clean Solar
The ION Solar reviews tell it all–solar is the best way to go. Whether your goal is to slash your energy bills, or to reduce your carbon footprint, the sun is a fantastic source of renewable energy.
It’s important to get past the hype from solar installers. Instead, listen to the plethora of impartial customer reviews that mention everything from a $20 energy bill, to the incredible feeling of knowing that you are doing your part by going green and minimizing harmful emissions in to our atmosphere.
The average investment is $15,000 to $30,000 for installation and purchase of solar panels. Optional battery power packs can help provide consistent power during both night and day. And many government agencies provide federal, state or local grants to help offset upfront investments in clean energy.
Depending on which installed you choose, your household may qualify for low-interest or zero interest loans to cover the up-front cost of your installation. And the loan payments are usually less than your current monthly power bill.
It really is a win-win, as home buyers are looking for homes that feature this technology – meaning solar power installation improves the resale value of your property.
And there are a number of additional home modifications that can help improve the energy efficiency of your home. A programmable thermostat can better manage energy consumption from home cooling and heating systems while you’re away from home. And weather stripping your doors can help keep cool air in during the summer, and warm air in during the winter.
Of course, energy conservation starts at home. And this includes setting a powerful example for your kids. Teach your children how to close windows, strategically keep doors open or closed based on airflow, and encourage them to leave the thermostat alone – opting for adding or removing layers of clothing instead.
Unplug Appliances and Shut Off Electronics
Unplugging your appliances when they aren’t in use, such as the toaster and the coffee maker, has more of an impact than you might think. Set your TVs and stereos on sleep timers, instead of letting them run around the clock. The cumulative impact of wasteful electronic device usage is horrible for our environment – putting unnecessary strain on our electrical grid.
One of the simplest and easiest ways to reduce your carbon footprint is by recycling. You are already throwing this stuff away anyway, right? It doesn’t take much more effort to just put recyclables in a separate container to be recycled, now does it?
Oh, and did I mention that you can earn money for recycling? Yes! Many cities and towns have recycling centers that will purchase your clean plastic and glass bottles for reuse.
Minimize Your Water Usage
Water is one of the easiest things to forget about when it comes to reducing your carbon footprint. Preserve water by turning off the faucet while brushing your teeth. Shorten your shower by a few minutes and turn down the heat on that water heater. You’ll be surprised at how much lower your water bill and your energy bill will be.
Saving money and reducing your carbon footprint? What isn’t to love?
These are just a few of the top ways that you can reduce your carbon footprint and start living a greener lifestyle. And we aren’t factoring in all of the advantages that we’ll reap from public investments in a smarter energy grid.
From decreasing your water usage, to switching to solar for your home’s energy needs, you will feel good at the end of the day knowing you are doing your part to save the future of this planet for generations to come!
- Energy2 weeks ago
How Much Energy Does Bitcoin Use, Really?
- Environment3 weeks ago
Biggest Tip to Eco-Friendly Car Ownership (Which May Surprise You)
- Energy3 weeks ago
Top 5 Changes You can Make in Your Life to Reduce Your Carbon Footprint
- Energy3 weeks ago
4 Energy Efficient Home Upgrades that You Can Install Yourself