The latest

Following extensive discussion with industries captured under the CRC scheme, proposals have been made with an intention to lead to a streamlined scheme.

Creating a scheme that:

Is simpler, reducing the administrative burden on both businesses and the Environment Agency
Provides improved guidance for how to comply with the CRC
Allows more flexibility for organisations in how they take part
Abolishes overlap between CRC and other UK enforced climate policies

The proposals will not be formally consulted until early 2012 but the following are amongst the simplifications:

Reduction in the number of fuels covered by the scheme

Currently organisations have to report on the emissions from 29 different fuels, however as approximately 95% of emissions captured under the CRC come from electricity and gas, organisation would only need to report on four – gas, electricity, Kerosene and diesel for heating.

Fixed price allowance sales

There is a proposal of be two sales per year where the price of allowances is fixed, removing the need for businesses to come up with strategies and providing a price certainty.

Simplification of the organisational rules

Simplification will be achieved through removing the need for large organisations to participate in groups which do not reflect their natural business structure.

Reducing overlap with other schemes

Any organisations participating in any other UK enforced climate policies such as CCA or EU ETS would be considered automatically exempt from the CRC scheme

If you require assistance with the management of your CRC obligation or you would like to find out a little bit more about what Comply Direct can to do help then please call 0844 873 1034 or send an email to info@complydirect.com.