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Taylor Wimpey concerned over 2025 emissions target

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PLC (LON:TW) was the only major housebuilder to voice objection to the government scheme to cut housing emissions, according to a report today.

The FTSE 100 builder said that the target was too ambitious and had doubts over whether the new heat pumps proposed by the government to replace traditional boilers would be able to do the job.

An information request from Greenpeace revealed that in a response to a government request for comments in February 2020, the builder said: “There is a lack of evidence to support the viable delivery of the future homes standard of 75-80% less CO2 emissions within the proposed timescale with existing skills training and supply chain availability.”

Heat pumps would be less efficient, more expensive by up to £200 a year on a three-bedroom home and less reliable in colder weather, added the group.

Today, The Guardian reported that in a response to a question last week Taylor Wimpey said it recognised the climate crisis had to be addressed quickly and that its consultation response reflected practical challenges to implementing the proposals and concerns it might affect the delivery of new homes.

The statement said it “remains fully supportive of the UK government’s target to achieve net-zero emissions by 2050. We also embrace the future homes standard with its ambition to reduce carbon emissions from homes in use by 75-80% by 2025,” said the statement.

Barratt, Berkeley and Thakeham homes all supported the target in the 2020 consultations, alongside the Home Builders Federation, the Guardian reported.



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