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Posts Tagged ‘Carbon Reduction Commitment’

The CRC took its first official steps towards the scaffold today with the launch of the CRC consultation.

There are various steps in there aimed at simplifying the scheme, including drastically reducing the nuber of fuels (from 29 to 4) and cutting the requirements for reporting. But many, including the CBI, are asking what the point of the consultation is, given that the scheme is almost certainly destined for the scrap heap.

Given that I’ve written about this twice in a week I almost added a “CRC” category on the blog. But on second thought I don’t think I’ll bother.

 

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Yesterday’s budget was strangely quiet on some points. For example, Green Deal only gets one mention (and only in passing). But Mr Osborne was comparatively vocal about other green issues, such as CRC.

Basically, he sees it as an unfair burden on business. And to sort this out…

…the Government will consult on simplifying the CRC Energy Efficiency Scheme to reduce administrative burdens on business. Should very significant administrative savings not be deliverable, the Government will bring forward proposals in autumn 2012 to replace CRC revenues with an alternative environmental tax…

So CRC is good as gone.

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