News

Making buildings net zero could cost £400bn, government warned

By 2021-07-07T15:49:00

Heat pump installer shutterstock

OBR report says total cost of hitting 2050 emissions target could be over £1.4tn across whole economy

The cost of making buildings net zero by 2050 could be nearly £400bn, according to a new Office for Budget Responsibility (OBR) report.

Replacing gas boilers with heat pumps and installing better insulation could cost over £250bn for homes and more than £140bn for all other buildings, the OBR said.

…

This content is available to registered users | Already registered?Login here

You are not currently logged in.

To continue reading this story, sign up for free guest access

Existing Subscriber? LOGIN

REGISTER for free access on selected stories and sign up for email alerts. You get:

  • Up to the minute architecture news from around the UK
  • Breaking, daily and weekly e-newsletters

 

Subscribe to Building Design and you will benefit from:

Gated access promo

  • Unlimited news
  • Reviews of the latest buildings from all corners of the world
  • Technical studies
  • Full access to all our online archives
  • PLUS you will receive a digital copy of WA100 worth over £45

Subscribe now for unlimited access.