CBI calls for incentives to be restored to CRC scheme

Published on Friday, 11 March 2011 09:27

Posted by Scott Buckler

The Confederation of British Industry (CBI) has called on chancellor George Osborne to restore incentives in the CRC Energy Efficiency Scheme in the Budget later this month

CBI director-general John Cridland commented:

"The incentive behind the Carbon Reduction Commitment must be restored to help companies go green, and if not, it should be stopped altogether because in its current form it adds yet another cost to doing business."

Under the scheme, large businesses are urged to change the behaviour of staff and improve their carbon footprint by developing energy management strategies.

According to the Department for Energy and Climate Change, these businesses are responsible for around ten per cent of the UK's emissions. However, there have been some teething problems with the system.

Other industry groups have called on Mr Osborne to include energy efficiency measures in the Budget on March 23rd. The Federation of Master Builders has asked the chancellor to include a package of incentives to boost home efficiency, such as reducing VAT on green home improvements and lowering stamp duty for homeowners who take up retrofit schemes.

Source: CBI