Carbon Reduction Committment
A carbon emissions trading scheme is set to be introduced into the UK. The scheme known as the Carbon Reduction Commitment (CRC) will see a ‘cap and trade’ system being applied to large non energy intensive organisations in the public and private sector.
The CRC will require capital expenditure but acting now will yield significant reductions in overheads.
The CRC is a cap and trade scheme introduced by the Government and aimed at reducing the carbon emissions by one-third by 2050. The scheme requires some 5,000 organisations which consume over 6 GWh/ year and who operate half hourly metering to join. Initially organisations need to ensure they accurately monitor their energy use emissions and capture the information into a database designed to perform all monitoring and targeting functions. |
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