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CRC Energy Efficiency Scheme starts
01 Apr 2010 | Filed under: Energy, NewsThe Department of Energy and Climate Change (DECC) has today (April 1) launched the Carbon Reduction Commitment Energy Efficiency Scheme, which is set to help public and private sector organisations cut their carbon emissions.
The Carbon Reduction Commitment (CRC) initiative will require large firms and public sector bodies to buy allowances to cover their energy use.
About 5,000 organisations are having to participate in the scheme, which will see the most efficient rewarded and the least efficient penalised.
Read more: http://newenergyfocus.com/do/ecco/view_item?listid=1&listcatid=32&listitemid=3791§ion=Policy
A separate BBC article suggests that a survey by NPower said almost half of firms did not know what was required.
Speaking to 300 companies, the energy group said 49% did not understand what was involved in buying carbon allowances.
A further 44% said the level of advice on the CRC initiative had been inadequate.
A separate study by accountants PricewaterhouseCoopers says the most energy inefficient firms could see their energy costs rise by 20% over the next five years, while the best performers may see bills fall by more than 8%.
BBC atricle: http://news.bbc.co.uk/1/hi/business/8597902.stm
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