The Department for Business, Energy & Industrial Strategy (BEIS) has published a discussion paper on the Climate Change Agreements (CCA) target review 2016 and options for changing the buyout price in target periods three (TP3) and four (TP4) 20178 and 20190.
It states that the department has decided not to initiate a detailed review of the targets set in 2012, although separate arrangements would apply to sawmilling and datacentres because these joined the CCA scheme in 2014. In terms of the buyout price, BEIS is seeking views and evidence to inform a decision to adjust it for TP3 and TP4.
The consultation ends on 23 September.