UK’S NEW CARBON TRADING SYSTEM A UNIQUE AND MISUNDERSTOOD PROGRAMME

BY EMMA JACKSON THIS April, the long-awaited carbon reduction commitment (CRC) scheme will commence in the UK, bringing in the first phase of a carbon emissions trading programme unlike any other in Europe. The programme covers virtually everything the European Union's (EU) emissions trading scheme (ETS) does not: any corporation, company or business - including transport and agriculture - which consumes more than 6,000 megawatt hours (MWh) per year. This includes non-energy producing utilities such as sewage and water treatment plants, as well as ...


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