CIF reveals plans to create 40 000 jobs
Published: 05 April, 2011
DUBLIN: Ireland's Construction Industry Federation (CIF) and leading manufacturers of green technology and materials, including Kingspan and Glen Dimplex, propose a national programme of "deep energy retrofitting" across Ireland's residential, commercial and public buildings.
Funding will come from existing and new initiatives and will creating 40 000 construction jobs the federation says.
According to the CIF plan, the policy should retrofit 100 000 homes to C1 Standard per annum over the term of the new government and a significant programme of retrofitting in public buildings, including schools and hospitals.
The upfront installation costs would be financed by "green loans", which would be repaid with the help of the RET while generating substantial savings in terms of energy bills.
"Ireland imports 90% of its energy requirements, costing the State nearly €6bn annually. The aim of this plan is to retain some of this money in the Irish economy to support spending and investment," CIF Director General Tom Parlon said.
"And at the same time, solve the economy's biggest problem – continuing job losses and job insecurity," he said.