At present the Environment Agency is slowly but surely trying to understand exactly how many people should have registered for the CRC Energy Efficiency Scheme, whether it be as full participants or simple information disclosures. With 3,100 confirmed full participants against a pre-estimated 5,000, at the moment no one’s quite sure of the total numbers.
In line with the UK Governments spending cuts, DEFRA has announced significant cuts and structural reform to its largest non‐quango body, The Environment Agency. DEFRA believes radical reform is required in order to make the Environment Agency leaner with greater levels of efficiency, whilst it also provides an end to any potential policy‐making and lobbying activities. MORE ABOUT THE DOWNSIZING EFFECT
Many businesses have reacted angrily to last week’s announcement regarding the CRC Energy Efficiency Scheme and the new ‘green stealth tax’.
Following George Osborne’s speech at the Comprehensive Spending Review, it now appears promised rewards for improved energy efficiency generated from CRC participants will no longer be returned back to high performing organisations. Instead the government will pocket an anticipated £1 billion per year, totaling £3.46 billion between 2010 and 2015. Within the new cap‐and‐trade scheme, organisations are required to purchase CO2 allowances at a cost of £12 per tonne of CO2 emitted, coming at a considerable expense to some organisations.
FIND OUT MORE ABOUT THE GREEN TAX
• Don’t Panic.
• What’s it all about?
• What do you need to do?
• Torse can Support the Process on your behalf.
Information Disclosure Reporting FREE for Torse Procurement Clients
Don’t Panic
Only a relatively small number of Torse Clients will (at this time) be significantly affected by the initial stages of the CRC Energy Efficiency Scheme. For the majority it should only mean more ‘Government Red Tape’, sorry, I mean paperwork.
For most of our larger clients, there will be a requirement to be a FULL PARTICIPANT in the CRC Energy Efficiency Scheme commencing April 2010. Torse will be contacting those clients who we are not already in discussion with about the practicalities.