There has been a lot of talk flying around in recent weeks suggesting the CRC scheme is too complicated.
I find these complaints hard to understand, given the CRC's long history of streamlined simplicity.
The CRC, or CRC EE, began life at DEFRA as the EPC before morphing into the CRC. It was handed to DECC, who listened to complaints from the CBI and REA and changed the name to the CRC EE - although everyone still calls it the CRC.
DECC appointed the EA to manage the CRC/CRC EE, which is modeled on the EU ETS and will feature allowances similar to EUAs, as well as elements such as EAMs and CTSs.
The CBI then complained the CRC/CRC EE was too complicated and DECC asked the CCC to review the scheme. The CCC said today the CRC was too complex and urged DECC and the EA to simplify the second phase.
The CBI welcomed the report and DECC and the EA promised to consider further changes to the CRC, or should that be CRC EE?
OK, there are a few TLAs and even FLAs to navigate, but what could be simpler than that?
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