Overseas investors urged to cut carbon footprint
Overseas investors have been advised to take measures to reduce the environmental impact of owning a holiday home abroad.
Currency specialist HiFX stated that although more than three-quarters of people made efforts to reduce their carbon footprint in the UK, many were not doing the same in their investment property.
Therefore, the firm has suggested that people adopt a series of measures to improve their energy-efficiency, such as using a more eco-friendly energy source.
In addition, it stated that adjusting the air conditioning by just 0.5 degrees Celsius could reduce carbon emissions by almost a tonne.
Alternatively, investors were told that they could save cut their carbon emissions by using a ceiling fan instead of air conditioning when it was practical.
Mark Bodega, director of HiFX, commented: "It is nice to enjoy these places for now but ignoring the environmental effect of owning two houses could impact the enjoyment of these places in the future."
Earlier this week, Eurostar said that its new high-speed rail link to Paris was a more environmentally-friendly means of reaching the city than flying.
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