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Independent report to consider effectiveness of carbon reduction legislation | 12 July 2013

A new independent study is aiming to look into whether government proposals for a greener building industry are having the desired outcome, property-magazine.eu reports.

Deloitte UK is staging a major new research project that is aiming to discover whether wide-reaching governmental proposals regarding energy and carbon are working in the real world as well as they were anticipated on paper.

The UK government has been given a legal obligation to reduce carbon emissions by 80 per cent between now and 2050. In light of this, a number of eco-friendly measures have been introduced in the hope of severely slashing emissions, whilst also boosting cost efficiencies.

Of all Britain’s industries, it is the building trade which was to see the biggest impact, as it is the single largest contributor of carbon emissions.

Now, Deloitte has pledged to undertake a conclusive study into the measures to find out whether businesses are reaching their targets effectively and whether it’s actually having a real impact on the environment. It is hoped that such an outcome would then help policymakers with their future decisions.

Commenting, director in sustainability at Deloitte Real Estate, Jon Lovell, told hvnplus.co.uk: “The landscape of penalties and incentives pertaining to the energy and carbon performance of commercial property is complex and fluid.

“This project is about taking a helicopter view of the aggregate impact of the regulatory and fiscal framework, and to consider how it can be shaped to best effect, both for the industry and for the environment. This is a genuine effort to constructively inform future policy by those who understand the risks and opportunities presented to the commercial real estate industry.”

The views expressed in this post are those of the author and are not necessarily those of Qube Global Software. All facts are verified where possible directly by the author.

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