New carbon trading scheme to penalise firms that fail to curb emissions

James S Murray
clock • 5 min read

Supermarkets, hotels and public sector urged to begin preparing for Carbon Reduction Commitment as government confirms large UK organisations will be rewarded or penalised based on carbon emissions performance

Around 5,000 of the UK's largest public and private organisations will face significant financial penalties if they fail to meet carbon reduction targets from 2010 onwards after the government yesterday...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

James S Murray
Author spotlight

James S Murray

View profile
More from James S Murray

Is the UK quietly becoming a world leader in flexible grids?

'Bitterly disappointed': Government refuses support for Xlinks Morocco-UK solar project

More on Carbon Trading

The UK Emissions Trading Scheme: Vitally important but often overlooked
Carbon Trading

The UK Emissions Trading Scheme: Vitally important but often overlooked

The government must be clear on the contribution it expects different interventions - including the ETS - to make as part of its overall plan for net zero, writes Simon Bittlestone from the National Audit Office

Simon Bittlestone, National Audit Office (NAO)
clock 30 June 2025 • 4 min read
Britain is falling behind in the carbon removals race - that has to change
Carbon Trading

Britain is falling behind in the carbon removals race - that has to change

If the UK wants to be a leader in the burgeoning greenhouse gas removals market, it needs a clear strategy matched by investment and policy, argue Residual's Ted Christie-Miller and CarbonGap's James Townsend

Ted Christie-Miller, Residual, and James Townsend, CarbonGap
clock 25 June 2025 • 2 min read
How can companies build a business case for high integrity carbon credits?
Carbon Trading

How can companies build a business case for high integrity carbon credits?

Experts Shane Fagan from Patch and Tom Spencer from Swiss Re explore the increasingly important and multifaceted roles carbon credits can play in corporate climate strategies

Michael Holder
Michael Holder
clock 24 June 2025 • 11 min read