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VAT reform would promote CO2 emissions reductions, more sustainable building & cost nothing – so why the delay: a Project Compass response to the Climate and Biodiversity Emergency objectives defined in ARCHITECTS DECLARE

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@misc{71f6a03cda014eb4ab9e948a8b0ec8ee,
title = "VAT reform would promote CO2 emissions reductions, more sustainable building & cost nothing – so why the delay: a Project Compass response to the Climate and Biodiversity Emergency objectives defined in ARCHITECTS DECLARE",
abstract = "Reforming VAT has for too long provided opportunity to incentivise sustainable construction. This means redressing the long-standing skew in favour of new build over refurbishment. Current VAT rates, typically 5% for new construction & 20% for refurbishment, distort the market in favour of new build. VAT is a powerful tool which must now be used here & abroad to help accelerate low-carbon sustainable construction. This is because the majority of built environment C02 emissions emanate from existing buildings, yet because their embodied energy exists this doesn't contributes further to CO2 emission.",
keywords = "VAT, GST, construction, taxation, architecture, procurement, sustainable, CO2 Emission",
author = "Walter Menteth",
year = "2019",
month = jul,
day = "26",
language = "English",
journal = "Project Compass",
publisher = "Project Compass CIC",
address = "United Kingdom",

}

RIS

TY - GEN

T1 - VAT reform would promote CO2 emissions reductions, more sustainable building & cost nothing – so why the delay

T2 - a Project Compass response to the Climate and Biodiversity Emergency objectives defined in ARCHITECTS DECLARE

AU - Menteth, Walter

PY - 2019/7/26

Y1 - 2019/7/26

N2 - Reforming VAT has for too long provided opportunity to incentivise sustainable construction. This means redressing the long-standing skew in favour of new build over refurbishment. Current VAT rates, typically 5% for new construction & 20% for refurbishment, distort the market in favour of new build. VAT is a powerful tool which must now be used here & abroad to help accelerate low-carbon sustainable construction. This is because the majority of built environment C02 emissions emanate from existing buildings, yet because their embodied energy exists this doesn't contributes further to CO2 emission.

AB - Reforming VAT has for too long provided opportunity to incentivise sustainable construction. This means redressing the long-standing skew in favour of new build over refurbishment. Current VAT rates, typically 5% for new construction & 20% for refurbishment, distort the market in favour of new build. VAT is a powerful tool which must now be used here & abroad to help accelerate low-carbon sustainable construction. This is because the majority of built environment C02 emissions emanate from existing buildings, yet because their embodied energy exists this doesn't contributes further to CO2 emission.

KW - VAT

KW - GST

KW - construction

KW - taxation

KW - architecture

KW - procurement

KW - sustainable

KW - CO2 Emission

M3 - Article

JO - Project Compass

JF - Project Compass

PB - Project Compass CIC

ER -

ID: 15802699