On Wednesday 18 July, The CRC Energy Efficiency Scheme (Revocation and Savings) Order 2018 was laid before Parliament. This Order will come into force on 1 October this year and will abolish the CRC when its current Phase ends. This means that, from 1 April 2019 onwards, there will be no further obligation to monitor Read More
Tag Archives: Climate Change Levy
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 Read More