Caroline Russell 2x1

News from Caroline Russell: Mayor’s cashback scheme fails

07 June 2019

Off the boil: Mayor’s cashback scheme fails

The Mayor has pulled the plug on a £10 million boiler cashback scheme as only two projects ever got off the ground – Caroline Russell AM discovered the money has been ‘diverted’ to business projects instead.

The commercial boiler cashback scheme, which was designed to help small businesses replace old, inefficient boilers, has been left with £500,000, and 30 more projects still stuck in the application process.

Yesterday Caroline questioned the Mayor’s LEAP team (London Economic Action Partnership) about the £9 million underspend.

Caroline Russell said: 

We are in a climate emergency – and the Mayor knows this. He keeps blaming central Government for a lack of action on climate change but in areas where he can make a real difference he is failing.

This scheme was supposed to help small businesses replace polluting and inefficient boilers, but it has barely made a dent in the carbon emissions it was supposed to reduce.

This seriously undermines the Mayor’s credibility on tackling climate change. It’s totally unacceptable that only two projects are in delivery, when there are over a million small and medium sized enterprises in London.

Mayor’s Boiler Cashback Scheme is a Shambles

Notes to editors

[1] The Mayor’s set up a £10 million Cleaner Heat Cashback commercial boiler scheme for small and medium sized enterprises to “rapidly boost” to rapidly replace inefficient heating systems with cleaner replacements to cut NOx and carbon emissions. The delivery period April 2018 – March 2020.  https://www.london.gov.uk/moderngovmb/documents/s63520/11 LEAP Quarterly Reporting.pdf

[2] According to the LEAP Quarterly report for January 2019 – April 2019 https://www.london.gov.uk/moderngovmb/documents/s63520/11
LEAP Quarterly Reporting.pdf there are only two projects in delivery and 30 are ‘stuck in the application process as unable to meet all requirements’

[3] London Assembly Economy Committee report, Helping SMEs to thrive: “SMEs make up over 99 per cent of all businesses in London. Their number have increased by almost one third in the last six years (+29per cent), and now account for over one million (1,010,100) businesses.” https://www.london.gov.uk/sites/default/files/helping_smes_to_thrivefina...

Caroline Russell was elected as a Green member of the London Assembly in May 2016. She has been an Islington councillor since 2014.