New Clause 10 — Green deal installation apprenticeships

Part of Oral Answers to Questions — Prime Minister – in the House of Commons at 2:15 pm on 14th September 2011.

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Photo of Luciana Berger Luciana Berger Shadow Minister (Energy and Climate Change) 2:15 pm, 14th September 2011

The Minister has said that interest rates are just one element, and we have argued that it is integral and crucial to whether the green deal will deliver, not only because of the affordability of products—if the interest rate is 8% or more, very few products will fall within the golden rule, and if it is 6% or more, a few more will be added but some of the more ambitious measures would not be included—but most importantly because of public uptake. According to the Great British Refurb campaign study and polling of the public, just 7% of the public said that they would take up the green deal if the interest rate was 6% or more. The Government will not meet their ambition of reaching 14 million homes by 2020 if the interest rate is too high.