Soaring energy prices put spotlight on Europe's draughty buildings

(Reuters, 25 Oct 2021) Buildings produce more than a third of the European Union's greenhouse gas emissions, with around 75% of their heating provided by fossil fuels.

As European governments scramble to shield households from energy price spikes, advocates say renovating draughty buildings could help pull down consumer bills and cut countries' reliance on fossil fuels.

Buildings produce more than a third of the European Union's greenhouse gas emissions, with around 75% of their heating provided by fossil fuels.

To stop the sector from thwarting the EU's climate change goals, Brussels plans to renovate 35 million buildings by 2030, out of a total of around 250 million - a major increase from the 0.2% of EU buildings currently renovated each year to significantly cut their energy use.

According to analysis by consultancy Cambridge Econometrics, due to be published on Monday, meeting the EU target could knock 218 euros ($254) off the average EU home's annual heating bill, based on 2021 gas prices - roughly halving the average amount households spend on gas heating.

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Reuters, 25 Oct 2021: Soaring energy prices put spotlight on Europe's draughty buildings