The Climate Reduction Commitment legislation represents significant opportunities for those entities that are proactive and are able to meet or exceed their carbon reduction targets.
As it is expected that up to 20,000 firms in the UK will have to submit a CRC information disclosure by the summer of 2010, more education is called for in short order. The government further estimates that 5,000 entities will have to participate in the full scheme.
Heavy fines await UK companies that fail to conform or to report (should they be required to do so) under the new Climate Reduction Commitment (CRC) legislation. Much confusion exists within the country, even though the Energy and Climate Change Minister, Ms. Joan Ruddock, maintains that the government has conducted a thorough announcement of the pending legislation.