Industry body says CRC can only succeed if revenues are recycled, and proposes alternative cap-and-trade scheme
The Carbon Reduction Commitment (CRC) is unworkable in its current form and the government must now either reinstate the revenue recycling mechanisms that were scrapped last autumn or replace the scheme...
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