The Labour Shadow Chancellor of the Exchequer John McDonnell is expected to take aim at the private sector in a speech later today, outlining the Party’s measures to deter investment in fossil fuels.
In what McDonnell describes as the ‘Green Industrial Revolution’, Labour would use the “full might of the Treasury” to force large private companies to invest in the large-scale development of alternative energy sources and a carbon neutral transport system.
This announcement is seen as an effort to thwart the Green Party which has gained traction with voters; the Party won more than two million votes at last month’s European elections, which is just 300,000 behind Labour.
Elmhurst Energy Consultancy welcomes this renewed focus on the environment, as undoubtedly past demonstrations and media attention has helped concentrate politicians’ minds. However, we would always argue that the cheapest and cleanest energy is the energy you don’t use. Therefore companies should first look at their building fabric, occupancy patterns and existing systems to optimise their energy use before exploring other avenues.
The Energy Savings Opportunity Scheme (ESOS) launched in 2015 already forces companies to examine their energy use in order to reduce their emissions and reduce their energy costs. The deadline for ESOS Phase 2 is 5th December 2019 which, in auditing terms, is just around the corner.
Our expert consultants have received an influx of enquiries from companies looking for clarification of the compliance process, and expect more as the deadline approaches. Our advice to companies is to not leave ESOS until the last minute! There is a tendency to underestimate the time needed to complete an ESOS assessment – together with an expected bottle neck of companies looking for ESOS Lead Assessors in the next few months.
For further information about how our ESOS Lead Assessors can help your organisation achieve compliance please email the team or call the team on 01455 883 259.
Article published 24th June 2019