Header graphic for print
Keeping It Real Estate News and Trends in UK Real Estate, Disputes and Planning Law

Tag Archives: carbon reduction commitment

Posted in Real Estate News

RIP CRC: What do I need to do when the CRC ends?

So the Carbon Reduction Commitment  Energy Efficiency Scheme (the “CRC”) is being scrapped.  Are there any practical steps I need to take now? The Environment Agency has just published guidance to participants in the CRC on what to do now it is being closed.  As we blogged previously, the current compliance year (ending 31 March

Posted in Real Estate News

Budget Banishes CRC – And An Extension Of ESOS Could Still Be On The Cards

The Chancellor announced in today’s Budget that the Carbon Reduction Commitment (CRC) will be abolished, with effect from 2019. The financial aspects of the CRC will be replaced by an increase in the Climate Change Levy, which will be much simpler administratively and largely resolve the “split incentive” issue that has arisen in commercial lease