Jill Wareham, Liberal Democrat Prospective Parliamentary Candidate for the Island, has announced that she has given her backing to the plans for investment in green schemes put forward Nationally by her party that aim to make homes warmer, cut energy bills and improve public transport.
The plans, called Green Road out of Recession, were announced just before Christmas by Liberal Democrat leader Nick Clegg MP. Their expected costs, £12.5bn, which would be paid for by scrapping the VAT cut.
The Lib Dems plan to spend the vast majority of that money immediately, with the intention of making a real impact on the economy and people’s lives right away.
“The plans proposed by Nick Clegg and the Liberal Democrats would give an immediate boost to the economy here on the Isle of Wight,” said Jill, “and by insulating people’s homes, it will help thousands of residents whose heating bills have gone through the roof in the past year.”
She added, “The Conservative-run Isle of Wight Council is backtracking on their Eco-Island plans which include insulating homes, because of their wastefulness and mismanagement of the finances over the past three and half years.
The Liberal Democrats are the only party with a detailed plan on how to put Britain on a green road out of recession.”
Green Road out of the Recession proposals include:
- A five-year programme to insulate every school and hospital, with 20% completed in the first year
- Funding insulation and energy efficiency for a million homes, with a £1,000 subsidy for a million more
- Building 40,000 extra zero-carbon social houses
- Installing energy and money saving smart meters in every home within five years
- Create a loan scheme to help meet capital expenditure for micro renewable and super energy efficiency measures. The loan would be repaid through payments within the utility bill linked to the property. We will subsidise the first 1m homes.