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Heat pumps and insulation would cut UK living costs more than new oilfields, study finds
Original: Heat pumps and insulation would cut UK living costs more than new oilfields, study suggests
A thinktank study reported by The Guardian says a UK warm homes plan centred on heat pumps and insulation would cut living costs more than developing new oilfields such as Rosebank. It also estimates the plan would create around 50,000 jobs, compared with about 1,100 from the Rosebank oilfield. The findings add to the debate over whether the UK should invest in energy efficiency and renewables rather than expanding fossil fuel production.
Why now: The study directly challenges the case for new UK oil and gas projects, feeding the ongoing energy costs and climate policy debate.
United KingdomRosebank oilfieldThe Guardian
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Evidence
- Heat pumps and insulation would cut UK living costs more than new oilfields, study suggests · The Guardian
Warm homes plan would create 50,000 jobs, compared with about 1,100 for Rosebank oilfield, thinktank finds
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