Mixed budget messages for greening business...and still no word on mandatory carbon reporting

  • The Carbon Reduction Commitment (CRC) is set to be simplified or scrapped unless a less cumbersome scheme can be developed. If it goes it would be replaced with a new green tax; the consultation will start on 27 March. There is speculation that this will lead to the launch of wide mandatory carbon reporting alongside the new green tax. 

    Meanwhile, the price for 2012-13 emissions is set for £12 per tonne carbon dioxide.
    Read more 
     
  • Tax incentives for green fleets. 
    Capital allowances extended for low emissions vehicles, but there will be increased rates for high emitters.
    Read more
     
  • New tax breaks support Combined Heat and Power (CHP) pledged, but removal of some sites from the technologies list brings Climate Change Levy tax disadvantages.    
    Read More
     
Away from the budget, a landmark decision was reached for solar PV
  • Government lost its appeal last week over the feed-in-tariff (FIT) rate. All qualifying installations from 12 Dec 2011 - 4 March 2012 will still get the 43p/kWh rate (rather than 21p/kWh). However, changes to enhanced capital allowances scheme, together with the new lower FIT rate, could make solar PV much less attractive.  
     
To learn more about Carbon Management join us for free at 
Carbon Academy Workshop, 18 April, London  



 

Call our team for a free consultation on carbon management in your business

 0845 5196268 (UK)
+441256345645 (International) 
 

What we do 

Carbon Footprint Ltd helps hundreds of businesses to cut the cost of carbon, increase sales and to differentiate them and their brands, by developing & helping them leverage robust environmental credentials. 

Our services include

Carbon Footprint Verification
Carbon management software
Carbon offsets 
Carbon lifecycle assessments/PAS2050 
Carbon neutral/PAS2060
ISO14001
Energy assessments
Energy performance
Strategy/planning