Sustainability in Real Estate
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A key talking point at this year’s MIPIM event has been the increasing prevalence of technology in the property sector, and more importantly, how we now have an opportunity and a responsibility to utilise technology to plan for the cities of the future.
On 12 March 2014, the European Parliament voted to adopt substantive amendments to the Environmental Impact Assessment (EIA) Directive 2011/92/EU. With aims of maintaining the level of environmental protection provided by the Directive, the changes seek to increase efficiency with other EU environmental assessments, aid harmonisation of practice between Member States and improve on quality by moving away from a purely procedural process.
The CRC Energy Efficiency Scheme (‘CRC’ or ‘Scheme’) is a mandatory emissions trading scheme applicable to private and public sector organisations in the UK that consume more than 6,000MWh of qualifying electricity through settled half-hourly meters. Participants have to report annually on total energy consumption and carbon emissions (1 April – 31 March); compile evidence to support their reporting (which can be subject to an audit by the Environment Agency); and purchase allowances to cover their carbon emissions.
On 25 March 2015 Government issued a Written Ministerial Statement setting out the conclusion of the Housing Standards Review. The statement sets out a new policy on the application of technical housing standards that applies immediately to all local planning authorities and qualifying bodies. This has a direct effect on the application of existing Code policies, and the setting of new Code policies.
Cheshire East Council is understandably pleased with the three very recent decisions from central Government that have rejected housing schemes on green-field sites in the Borough. These come after the raft of 2014 decisions where Permissions were granted for just this type of proposal.
2015 will no doubt go down as a MIPIM vintage. The event feeds back to its crazy peak. We’ve more or less hit the mid-point of the week, and the pizazz is unabated. It really is an extraordinary thing.
It’s that time of year in the CRC calendar when participants need to think about purchasing allowances in the forecast sale. The forecast allowance window opens this April when participants can order allowances for the CRC year ending 2016 at a reduced cost, paying for the allowances in June 2015. Amendments have been made to the ‘Allocation of Allowances for Payment Regulations’ with the allowance prices set as follows:
How does this affect your properties?
If your organisation lets or sublets properties, or might acquire properties to let out, you will need to consider potential letting restrictions.
The following is a transcript of a provocation delivered by Jon Lovell to the UK Green Building Council City Conference in Manchester on 21 January 2015. It is intended as a stimulus for conversation and an exploration of the relevant issues. We’d love to hear your thoughts.
If we get caught on the chin, do we drop to the deck and take the count, or do we stand firm and come back fighting? But more than that, do we have our guard up, so the punches don’t land?
Having returned recently from a whirlwind tour of four Chinese cities (Beijng, Xuzhou, Suzhou and Shanghai) as part of the UK China Smart Cities Programme, I’m struck by the seemingly endless possibilities for collaboration between the UK and China on the “smart cities” and sustainable development agendas.