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The Carbon Reduction Commitment (CRC) scheme has been amended as part of the Treasury spending review, but it remains a highly complex topic and one which poses potential problems for both Ls and Ts.
The starting point is that companies which use more than c£500,000 worth of electricity in a year have to register and are then potentially liable for additional payments. Against that, they were originally entitled to offset recycling payments, which would then significantly reduce the overall cost of CRC. However, those recycling payments were abolished in the spending review, and the end result is likely to be that CRC payments become far larger – and therefore potentially more important to Ls and Ts.
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