IEMA has issued a statement in response to the Chancellor's statement, about the CRC Energy Efficiency Scheme, in today's Budget speech.
"Businesses will welcome the opportunity to simplify the CRC, but government must ensure that the scheme or any replacement continues to deliver significant carbon reductions. We urgently need a long term, consistent policy framework to provide businesses with the confidence to invest in low carbon and energy efficient improvements.
We're disappointed that the government has not taken a longer term approach to the longer term CRC carbon price, as this would provide business with more certainty for investment and effective action on climate change.
We also look forward to an announcement by the government on mandatory GHG reporting for business, which will provide benefits for both the UK economy and the environment, by delivering cost and carbon savings".
What do you think? Head to IEMA's LinkedIn Group to let us know your thoughts.
Subscribe
Subscribe to IEMA's newsletters to receive timely articles, expert opinions, event announcements, and much more, directly in your inbox.
Posted on 21st March 2012
Latest Posts
-
IEMA appoints two new Board Directors
- 28th March 2024 -
Impact Assessment Network Volunteers receive International Association of Impact Assessment (IAIA) Regional Award
- 20th March 2024 -
IEMA launches digital campaign to share knowledge and inspire action in sustainability
- 6th March 2024 -
IEMA comments on 2023 being hottest year on record
- 9th January 2024 -
IEMA reacts to COP28 agreement to transition away from fossil fuels
- 13th December 2023 -
New IEMA social sustainability steering group – express your interest in joining
- 24th November 2023