Budget special: CRC faces axe as carbon price rises
A failure to secure further savings for businesses in administrating the Carbon Reduction Commitment Energy Efficiency (CRC) scheme will see it replaced by an alternative environmental tax, the chancellor announced in his third BudgetDescribing the CRC as cumbersome, bureaucratic and an unnecessary cost on business, George Osborne said he would bring forward proposals in the autumn for a new tax should significant administrative s
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