Carbon Counsel

The Clean Energy and Sustainability Group at Eversheds suggest some practical tips for preparing for a new carbon trading scheme that the government assesses will affect between 4,000 and 5,000 businesses and organisations in the UK and will be introduced from January 2010.

Introduction

Following two rounds of consultation in 2006 to 2007, the government is set to introduce a new carbon trading scheme the Carbon Reduction Commitment ("CRC") - under the powers to be granted when the Climate Change Bill is enacted later this year.

The scheme is a result of the government looking for ways to achieve its self-imposed target to reduce the UK's carbon emissions by 20 per cent by 2010 and the new UK targets of 26 per cent to 32 per cent by 2020 and 60 per cent by 2050 which will be mandated in the Climate Change Bill when enacted. Analysis has highlighted that a number of organisations are not