The Carbon Reduction Commitment (CRC)
The Carbon Reduction Commitment (CRC) is a new mandatory emission trading scheme that aims to improve energy efficiency and reduce the amount of carbon dioxide (CO2) produced in the UK. This is vital to achieve the UK government's overall target to reduce greenhouse gas emissions by at least 80% by 2050, compared to the 1990 baseline.
The CRC follows an annual cycle. The first footprint year will be April 2010 to March 2011. Qualification for CRC is based on half hourly electricity consumption during the qualification period. For the introductory phase, this is the 2008 calendar year.
Read the CRC Energy Effciency Scheme's guidance on the CRC by reading this guidance document.
You can also read Stroma's indepth Carbon Reduction Commitment guide, covering:
- CRC overview
- Qualification criteria
- Registering for participation
- What's included?
- Measuring performance
- Implementation and roll out
- The impact of CRC
- Financial costs
- Cost of measures
- How Stroma can help you meet your CRC
Read Stroma's in depth guide on the Carbon Reduction Commitment by clicking here.
