While no targets have been set for household energy saving for 2050, it is clear that we will need wholesale and radical changes to the energy performance of our housing stock in future. The new Green Deal initiative will help us achieve, or exceed, the binding targets for carbon reductions set during the previous Administration and will set us on the path for the long-term changes that are needed.
Under the Green Deal we will introduce a new finance package to make it as easy and attractive as possible for householders to lag their lofts, fill wall cavities, and take further steps to reduce their use of energy in the home. Households will be able to install not only the basic cavity and loft insulation measures, but go further to provide comprehensive packages for households that can deliver real energy, money and carbon savings.
In addition, the extension to the carbon emissions reduction target (CERT), which was announced recently and is expected to deliver insulation to 3.5 million households between April 2011 and December 2012, will ensure a rapid and significant increase in the rate at which we insulate homes over the next couple of years.