Friday 1 July 2011

Business says ditch CRC

UK business has said the CRC needs to be scrapped and that the Government's changes would amount to "tinkering around the edges."

Rhian Kelly, CBI Director for Business Environment, said: "We're disappointed the Government has not gone further to repair the damage caused by its decision to remove the incentive behind the Carbon Reduction Commitment.

Yesterday Climate Change Minister Greg Barker said the Coalition's proposals would make it easier for businesses to feel the benefit of reducing their energy expenditure.

Ms Kelly said the CBI wanted stronger action: "While it is right to recognise that there are problems with the CRC in its current form, the Government's proposals amount to tinkering around the edges. It should either reinstate the revenue recycling element, or scrap the CRC altogether and look at other ways of increasing energy efficiency among businesses."