2021 Budget comment from OFTEC CEO, Paul Rose

2021 Budget comment from OFTEC CEO, Paul Rose

Saturday, April 03, 2021 By OFTEC


We mustn't let this pandemic halt progress on creating a greener economy but, with little cash in the government's pot and consumers tightening their belts, it's clear more than ever that the route to a low carbon future needs to be driven by affordable and cost-effective solutions and not unrealistic spending expectations.

OFTEC wants to play our part in the off-grid sector which is why we are securing support to transition oil heated homes onto a renewable liquid fuel which provides an almost drop-in replacement for Kerosene. This can deliver substantial carbon savings of almost 90% compared kerosene and, more importantly, at a fraction of the cost of other low carbon options to both the government and consumers.

With all the damage Covid-19 has done, let's not let it put our decarbonisation goals at risk as well.

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