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Article: Brown's paler shade of green

Article from:
The Scotsman
Article date:
March 24, 2007
Author:
Copyright

GORDON BROWN clearly delivered a "green" budget on Wednesday, with several policies aimed at encouraging people to reduce their carbon footprint. As expected, given how environmental issues have moved up the political agenda in recent times, the Chancellor tackled the Conservatives head on.

He said he was talking to lenders about creating a new market for green mortgages. These are loans that are to be used for immediate capital investment in energy efficiency.

While first-time buyers were disappointed by Gordon Brown's decision to leave the threshold for stamp duty untouched at GBP 125,000, zero carbon homes under GBP 500,000 are exempt from the tax from October this year. And houses ...

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