CRC Scheme Sparks Controversy, Businesses Call for Reform
The UK government's Carbon Reduction Commitment (CRC) Energy Efficiency scheme, implemented a year ago, has sparked controversy. A significant portion of respondents, nearly a third, believe the scheme will not help reduce the UK's carbon emissions. The Confederation of British Industry (CBI) has criticized the scheme, stating it no longer encourages companies to reduce emissions and adds to business costs.
The scheme obliges large energy consumers to buy 'allowances' for their carbon emissions. Initially, revenue raised from these allowances was to be given back to companies that successfully reduced their emissions. However, the government decided to keep the revenue instead, which has been criticized by businesses. The CBI has called for the government to either revert the scheme to its original form or replace it with a full carbon cap-and-trade scheme.
The scheme has significant implications for data centre energy management. Businesses included in the scheme are obliged to produce a detailed report of their energy consumption and allowance purchases by July. Failure to submit the report within 40 days after the deadline results in emissions being assessed by the government, with double the relative allowances having to be paid. Non-compliance also incurs a £5,000 fine for missing the deadline and subsequent daily fines.
The CRC scheme's effectiveness in reducing carbon emissions is disputed, with 45% of energy managers polled believing the scheme should be scrapped altogether. Meanwhile, 43% want financial incentives to be reintroduced. The scheme's future remains uncertain, with calls for reform from business groups and concerns about its impact on data centre energy management.
Read also:
- Aiming to simplify the move towards cleaner automobiles, the newly established ministry plans to take direct action with Pannier-Runacher, Létard, and Vautrin at the helm.
- "The imperfect yet essential documentary, "Planet of the Humans," raises challenging and uncomfortable inquiries"
- Exciting Escapades of Tintin
- More than half of British homes adhere to insulation standards established during the 1970s.
