The British Property Federation and the Home Builders Federation have led a fresh attack on London Mayor Ken Livingstone's green targets, claiming they are 'doomed to failure'.
Along with other major players in the property sector, such as London First and Bellway Homes, the organisations have called for Livingstone to scrap his plans for all buildings in the capital to be obliged to generate 20 per cent renewable energy by 2009.
The property industry experts claim the policy is unworkable because microgeneration technology - such as solar panels and wind turbines - cannot provide the energy required due to London's dense urban conditions.
A statement from London First said: 'Unreasonably onerous environmental requirements risk providing a considerable disincentive to development, despite great demand for housing and commercial property.'by Richard Vaughan