The Carbon Reduction Commitment (CRC) will come into effect in April 2010 as the UK takes aggressive steps towards a low carbon economy.
Is your business ready?
The UK must reduce its baseline emissions of six major greenhouse gases by 12.5%. The draft Climate Change Bill commits the UK to reductions in CO2 emissions of at least 26% by 2020 and 80% by 2050.
Will the CRC affect your business?
The Carbon Reduction Commitment (CRC) has been introduced to meet the UK’s climate change targets. This new emission trading scheme aims to reduce carbon emissions in large non-energy intensive organisations by 1.2 million tonnes of carbon per year by 2020. The CRC will be targeting organisations whose electricity consumption is greater than 6,000MWh/yr – equivalent to an annual electricity bill of £500k. However, many organisations are still not fully prepared or aware of the commitments they may face and the actions they may need to take.
Is the CRC an opportunity or a threat?
The Carbon Show is the place for you to address this question. The Environment Agency will be leading exclusive in-depth seminars and workshops to help businesses get up to speed on the CRC. Leading consulting firms like Enviros will be discussing the many business opportunities related to this new initiative.
The Carbon Show is on 29 and 30 September 2009 and is being held at the ExCeL centre in London. It will be a great place to gather the information and resources that your business needs to develop a successful carbon mitigation strategy and compete in the new low carbon economy.
The event is the first ever international exhibition dedicated to carbon, covering everything from carbon consulting, to carbon audits to low carbon solutions for your business.
“Carbon will be the world’s biggest commodity market, and it could become the world’s biggest market overall.”
Louis Redshaw, Head of Environmental Markets, Barclays Capital