Monday, 4 April 2011

CBI Advises Reinstating the Recycling Payments or Scrap the CRC

The Carbon Reduction Commitment (CRC) is unworkable in its current form and the government must now either reinstate the revenue recycling mechanisms that were scrapped last autumn or replace the scheme altogether, the CBI has says
CBI
A few weeks back, KPMG also claimed the CRC has suffered from “over consultation”, which has led to delays and a loss of clarity and simplicity. It also raised concerns that the scheme had “lost its purpose”.

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