Jenny Willott, Liberal Democrat MP for Cardiff Central, has welcomed today's launch by the Government of proposals for an Energy Savings Opportunity Scheme (ESOS) for public consultation.
The new scheme will enable companies to identify opportunities to save money on energy bills through improved energy efficiency and could benefit the UK by £1.9 billion.
Commenting, Jenny Willott MP said:
"We are all aware of the problems climate change and environmental damage are causing all over the world. At the same time, the current financial climate is also very challenging, meaning businesses need to be as efficient and cost-conscious as possible.
"This Coalition scheme tackles both of these problems, encouraging businesses to identify cost-effective ways to invest in energy efficiency. This is a win-win: companies will be able to reduce their energy bills, improve their competitiveness and at the same time create huge benefits for wider society by reducing their greenhouse gas emissions."