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ARTICLE · 17 MARCH 2009

Carbon Reduction Commitment ("CRC") - The Latest News

Eversheds Sutherland
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On 12 March 2009, the Department of Energy and Climate Change (DECC) published the long-awaited draft Order and a final consultation paper on CRC. A draft user guide has also been published.

United KingdomEnergy and Natural Resources
Elizabeth Shepherd
Elizabeth Shepherd

On 12 March 2009, the Department of Energy and Climate Change (DECC)  published the long-awaited draft Order and a final consultation paper on CRC.  A draft user guide has also been published. 

The consultation seeks views principally on the draft Order but also a few outstanding policy issues such as how buying a CRC Organisation should be dealt with under the scheme.  Comments on the draft guidance are also welcome.  The consultation will close on 4 June 2009.  Full details are available on the DECC website at:

http://www.decc.gov.uk/en/content/cms/consultations/carbon_reduction_com/carbon_reduction_com.aspx

CRC is scheduled to come into effect in April 2010.  It is a cap and trade scheme which seeks to reduce carbon dioxide emissions from large non-energy intensive organisations in both the public and the private sector, ie a significant part of UK business which is not subject to existing climate change measures. DECC estimates that the scheme will

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