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08 Oct 2010 09:10:21

SMEs 'put off by cost of green policies'

SMEs 'put off by cost of green policies'
The continuing effects of the recession mean British small and medium-sized enterprises (SMEs) are not investing in green improvements, new research suggests.

Lloyds TSB Commercial polled more than 500 small businesses in the UK, finding that around 30 percent had stalled the implementation of energy-efficient improvements because of the economic downturn.

Many blamed the cost of green improvements for their lack of action, while around 25 percent said the lack of clear policy surrounding environmental legislation was the reason.

Just 38 percent of the firms involved the survey said they had already taken steps to understand the risks climate change posed to their operations.

John Maltby, managing director of Lloyds TSB Commercial, said: "Coming out of the recession many firms do seem focused on the costs savings to be gained from environmental improvements, but many are being held back because they fear the cost of taking action."

The Carbon Trust claimed recently that, according to government statistics, SMEs account for 45 percent of business energy usage.  ADNFCR-1235-ID-800105863-ADNFCR

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15 Oct 2010

As a supplier of energy management and conservation solutions to the SME market, in our experience SMEs recognise the potential to reduce energy consumption, costs and CO2 emissions, however access to capital presents a significant hurdle. To assist SMEs to implement energy conservation measures the Carbon Trust provides interest free loans of between £3,000 - £100,000 with the term of the loan aligned to the savings delivered (up to a maximum of 4 years) thereby rendering the project self funding. For more information visit the loans section of the carbon trust web site or contact one of their registered suppliers such as Carbon Control Limited, who can assist with advising on eligibility and applying for loans.

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