CRC Simplification Consultation Launched

On 27 March 2012 the Department of Energy and Climate Change (DECC) published long awaited proposals to simplify the CRC Energy Efficiency Scheme (CRC), the mandatory UK-wide scheme in respect of carbon emissions. The deadline for responses to the consultation is Monday 18th June 2012. If effected, the proposed changes will come into force in April 2013 during phase two of the scheme. The accompanying impact assessment estimates that the Government's preferred option will reduce administrative costs by £337m and increase the cost of purchasing allowances (through increase of coverage) by £207m which will result in a net reduction in costs of £130m.  

The consultation proposals will be of interest to all organisations which have qualified for phase one of the scheme, those which may fall within the scheme on the next qualification year (1 April 2012 to 31 March 2013) and those involved in energy supply and generation. However, those who had previously reviewed and