TITLE

CARBON DATING

AUTHOR(S)
Jones, Leanne
PUB. DATE
December 2007
SOURCE
Financial Management;Dec2007/Jan2008, p26
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the implications of the British government's new mandatory auction-based carbon emissions trading scheme. The new carbon reduction commitment (CRC), which was targeted to large non-energy-intensive businesses and public-sector entities, is expected to operate as a cap-and-trade scheme where in the government will determine the total emissions that can be made by the target sector. The organizations affected by the CRC will be given a 6,000MWh energy consumption threshold. Information on the processes of the new scheme, as well as the financial responsibilities of participating entities, is offered.
ACCESSION #
28805093

 

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