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The Low Carbon Economy Ltd

18 Dec 2008 05:12:09

LDA announces budget for carbon cuts



LDA announces budget for carbon cuts
The London Development Agency (LDA) has announced £72 million will be dedicated to cutting the capital's carbon emissions.

Decentralised energy, waste management and energy efficiency are to play a part in the LDA's efforts to cut carbon emissions in London by 1.5 million tonnes over the next four years.

LDA group director for design, development and environment, Peter Bishop, said: "The London Development Agency is now looking to achieve tangible results and make the biggest impact in reducing carbon dioxide emissions. We want to be able to show that we are making a measurable difference on climate change."

The agency claims that decentralised energy schemes already in the pipeline will save 110,000 tonnes of carbon emissions annually.

It is also seeking to improve the energy efficiency of existing buildings with the help of companies recruited through the Green 500.

Commercial landlords will also be supported as they invest in energy efficiency by the Better Buildings Partnership, while the Buildings Energy Efficiency pilot will work with public sector buildings.

Earlier this year, the London mayor Boris Johnson set a target of cutting carbon emissions by 60 per cent by 2025.

He told the Environment Agency that he wanted to "drive forward an electrification of the motor car" and claimed that there was a "huge opportunity for us to go greener and cleaner and cheaper at the same time".

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