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Heat pumps and insulation would cut UK costs more than new oilfields, study finds
Original: Heat pumps and insulation would cut UK living costs more than new oilfields, study suggests
A thinktank study argues that a nationwide warm homes programme of heat pumps and insulation would lower UK living costs more than approving new oilfields such as Rosebank. It estimates the efficiency drive would create about 50,000 jobs, compared with roughly 1,100 from the Rosebank oilfield. The findings are being cited in debates over whether Britain should invest in home efficiency rather than expanding fossil fuel production.
Why now: The study feeds into the ongoing UK political debate over new oil and gas licensing versus home insulation policy.
United KingdomRosebank oilfield
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Evidence
- Heat pumps and insulation would cut UK living costs more than new oilfields, study suggests · The Guardian
Warm homes plan would create 50,000 jobs, compared with about 1,100 for Rosebank oilfield, thinktank finds
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