BIG NEWS for Oil Boilers and Carbon Emissions

Rob discusses the proposed oil boiler ban set to take effect in 2026 and its potential impact on rural households in the UK. He highlights the concerns raised by homeowners who rely on oil boilers, particularly those living in areas without access to mains gas, and explores a trial taking place in a small hamlet in Cornwall, where residents are using hydrotreated vegetable oil as an alternative to kerosene.  KEY TAKEAWAYS There is a proposed oil boiler ban from 2026 that will affect about 1.7 million households in rural areas that rely on kerosene or heating oil for heating. The ban is driven by concerns about carbon emissions and climate change. A trial in Cornwall is using hydrotreated vegetable oil as a substitute for kerosene in oil boilers, which produces 88% fewer carbon emissions. Some homeowners are resistant to the ban, citing the high cost of alternative heating options like heat pumps and the impracticality of making energy-efficient upgrades to older buildings. BEST MOMENTS "There's an interesting sample, basically, that's happening down in Cornwall in a tiny hamlet "  "Official figures, whether you want to believe them or not, it's up to you, show that vegetable oil produces 88% fewer carbon emissions than kerosene."  "I hate throwing something away that's working. That boiler could go on for another 5 or 10 years, and it's serviced every year."  "In three years' time, the government is saying, thou shalt not have an oil boiler. Thou shalt only have an air source heat pump." VALUABLE RESOURCES GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. BOOKS  Property FAQs = https://amzn.to/3MWfcL4   Buy To Let: How To Get Started = https://amzn.to/3genjle   101 Top Property Tips = https://amzn.to/2NxuAQL   WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast   uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast