Appendix B: Further information on finance implications of the proposed projects under the Green Horizon programme.
Below is a table that details the major projects that have been devised by the sustainability and climate change team. These projects include:
· Switching to HVO biodiesel
· Switching to 100% green electricity tariff
· Transitioning to 100% electric vehicle fleets
· Carbon offsetting through tree planting strategy
· Carbon sink of the biodiversity owned by SBC calculated
· Gas reduction projects through behavior changes
|
Action |
Capital Investment |
5 Year Cost |
Carbon Reduction (tCo2e) |
Value (kgCO2e/£) |
tCO2e Left |
|
End 2024 |
0 |
£0.00 |
0 |
0 |
1394.36 |
|
HVO |
£130,000.00 |
£290,000.00 |
673.53 |
2.32 |
720.83 |
|
100% Green Electricity Tariff |
£75,000.00 |
£350,000.00 |
347.12 |
0.99 |
373.72 |
|
EV Transition |
£1,230,000.00 |
£1,230,000.00 |
0.55 |
0.00 |
720.29 |
|
Carbon Offsetting* |
£30,000.00 |
£150,000.00 |
59.83 |
0.40 |
660.46 |
|
Spelthorne Carbon Sink |
£60,000.00 |
£60,000.00 |
307.65 |
5.13 |
352.81 |
|
Gas Reduction |
|
0 |
124.08 |
0.00 |
228.72 |
|
Remaining |
|
|
-135.80 |
|
|
|
Total Savings |
|
|
1512.76 |
|
|
|
Total Carbon Footprint |
|
|
1376.96 |
|
|
Below is a graph showing the carbon reduction of each project suggested under the programme. Additionally, it shows that Spelthorne Borough Council will become carbon negative, as seen in the green section.
