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Mandatory reporting not the CRC will help make firms more energy efficient, says Policy Exchange

Ministers should scrap the CRC Energy Efficiency Scheme, untangle its jumble of carbon prices and insist on businesses revealing more about the amount of carbon they produce if they want to encourage energy efficiency.

A new report from leading think tank Policy Exchange says that the CRC is an unfair, complex and unnecessary piece of regulation that should be abolished. Replacing the CRC with mandatory reporting and a clearer carbon price would help unlock the potential of energy efficiency to deliver savings – both in cost in and the amount of carbon emitted.

See more at http://www.policyexchange.org.uk/assets/Energy_IQ_PR.pdf

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