NEWS
Over-bureaucratic CRC scheme could be scrapped, suggests Chancellor
l Budget also confirms loss of levy exemption for combined heat and power schemes
The Chancellor has pledged to simplify the Carbon Reduction Commitment Energy Efficiency Scheme (CRC) following criticism by leading companies affected by the scheme. In his Budget statement last month, George Osborne also indicated that the CRC could be replaced by another scheme.
The CRC, which requires larger energy users to report their levels of carbon emissions, has come under attack for being too complex. The scheme was originally designed to recycle revenues, gathered through the purchase of emission allowances, to reward those organisations most improving their performance. But since the removal of this aspect of the scheme, which turned the CRC into a revenue generator for the Treasury, the Chancellor said the scheme could be replaced by an environmental tax instead.
The Budget statement said of the CRC: ‘Should very significant administrative savings not be
Combined heat and power schemes are to lose their Climate Change Levy exemption. Pictured is an Olympic Park energy centre
deliverable, the government will bring forward proposals in autumn 2012 to replace CRC revenues with an alternative environmental tax.’ The Chancellor also confirmed plans for a boost to gas, which his statement recognised ‘will continue to play a major role in UK energy supplies over the next decade and beyond’.
Osborne added: ‘Renewable energy will play a crucial part in Britain’s energy mix, but I will always be alert to the costs we are asking families and businesses to bear.’
expertise Contact the experts:
www.marley.co.uk www.cibsejournal.com MAR119_CIBSE_Expertise_133x190_AW.indd 1
The Budget also confirmed plans to remove combined heat and power plants’ Climate Change Levy (CCL) exemption. The statement says: ‘As announced at Budget 2011, the CCL exemption for electricity from CHP plants supplied indirectly to business energy consumers will be removed from 1 April 2013.’
For more information visit:
www.hm-treasury.gov.uk/ budget2012.htm
from the ground up
Expertise often comes from experience, and Marley has a heritage which demonstrates how knowledge and expertise can add value to projects. We are now striving to reach even greater heights, investing in customer research, staff training and of course we have some of the most experienced technical experts in the industry.
Expertise is also about the right products for the market, and in 2011 alone, we brought four new product innovations to market – a range of new and improved soil systems and a high specifi cation range of concealed sanitary systems.
Innovation & Expertise April 2012 CIBSE Journal 8/3/12 15:10:33 7
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