Homes made from straw or fungi can now get you a cheaper mortgage in the Netherlands 📝: ciaraCnugent
. These so-called “green mortgages” charge lower interest rates for homes that need less energy to run because they are well insulated or use technology to control energy use. The logic is two-fold: First, homeowners who pay less for energy will have more money to pay their mortgages, and are therefore a safer bet for banks.
The plant-based construction methods encouraged by Triodos’ new mortgage are one option for reducing emissions from construction: wherefactories emit large amounts of carbon dioxide to produce the metal, for example, plants absorb carbon dioxide as they grow, and materials made from them can store it for hundreds of years, if treated properly.
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