Mon, 18 October 2021

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We mustn’t let this pandemic halt progress on creating a greener economy, says OFTEC

OFTEC

1 min read Partner content

With all the damage Covid-19 has done, let’s not let it put our decarbonisation goals at risk as well.

Responding to the 2021 Budget, OFTEC Chief Executive Paul Rose said: “The Chancellor didn’t hold back in outlining the financial toll the Covid-19 pandemic has taken on the UK economy, so it’s perhaps not surprising there were very few new green announcements, other than re-commitments to existing policies.

“We mustn’t let this pandemic halt progress on creating a greener economy but, with little cash in the government’s pot and consumers tightening their belts, it’s clear more than ever that the route to a low carbon future needs to be driven by affordable and cost-effective solutions and not unrealistic spending expectations.

“OFTEC wants to play our part in the off-grid sector which is why we are securing support to transition oil heated homes onto a renewable liquid fuel which provides an almost drop-in replacement for Kerosene. This can deliver substantial carbon savings of almost 90% compared kerosene and, more importantly, at a fraction of the cost of other low carbon options to both the government and consumers.

“With all the damage Covid-19 has done, let’s not let it put our decarbonisation goals at risk as well.”

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Engineering a Better World

Can technology deliver a better society? In a new podcast series from the heart of Westminster, The House magazine and the IET discuss with parliamentarians and industry experts how technology and engineering can provide policy solutions to our changing world.

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