Businesses

Credit or Environmental crunch; CRC targets expanded to all UK businesses

Posted by Samia Robbins on March 31, 2009
UK / No Comments

Under the Government’s Carbon Reduction Commitment (CRC) scheme, announced last May, from next year every organisation that consumes more than 6,000 megawatt hours of electricity in 2008 or about £500,000-worth will now buy carbon allowances. The mandatory cap and trade scheme will affect 5,000 large companies and local authorities in Britain and is aimed at [...]

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