Energy Saving News
UK's CRC Scheme To Save Businesses Emissions and Money
The UK’s Environment Agency (EA) is urging firms to find out their responsibilities under the Carbon Reduction Commitment Energy Efficiency Scheme (CRC).
The CRC is the successor to the Carbon Reduction Agreement and the EA said the scheme could reduce carbon emissions in the UK by 11.6m tonnes by 2020.
Tony Grayling, EA head of climate change and sustainability, said participants would also "save participants money in terms of lower energy bills".
"The analysis shows the investments needed to reduce carbon emissions more than pay for themselves in terms of energy bills within a relatively short period," he said.
The first year is a registration period but from April 2011 firms that use around £500,000 worth of energy a year will need to buy and sell allowances to cover their carbon emissions.
Grayline said the EA had been working actively with the Department for Energy and Climate Change to make sure organisations were aware of the scheme.
"We are reasonably confident that we have contacted all organisations who will qualify for the threshold and we hope that as the scheme progresses it will be brought to the attention of directors and board members," he said.
Tuesday 23rd February 2010
