Carbon clampdown

Smyth, Ian
October 2007
Utility Week;10/5/2007, Vol. 27 Issue 24, p9
Trade Publication
The article offers information on the Carbon Reduction Commitment (CRC), the primary vehicle proposed to deliver the British government's commitment to cut 1.2 million tonnes of carbon equivalent (MtC) a year by 2020. The CRC targets high volume, low intensity industrial and commercial electricity consumers, such as supermarkets, hotel chains, government departments and large local authorities. The benefits of CRC are discussed, including the increase of liquidity and the reduction of price volatility.


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