United Kingdom

Carbon Reduction Commitment Energy Efficiency Scheme

Passed in 2010
The Scheme (formerly known as the Carbon Reduction Commitment) is a mandatory climate change and energy saving scheme. It aims to improve energy efficiency and cut emissions in large public and private sector organisations, which are responsible for around 10% of the UK's emissions.

The Scheme encourages organisa-tions to develop energy management strategies that promote a better understanding of energy usage. It provides a financial incentive to reduce energy use by putting a price on carbon emissions from such use and also allows participants to make savings on energy bills through improved energy efficiency. In CRC, organisations buy allowances equal to their annual emissions.

The scheme is administered by the Environment Agency, which publishes details of all participants' emissions each year.

from the Grantham Research Institute
from the Grantham Research Institute
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