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A Quick Look into the CRC Energy Efficiency Scheme

Posted On : May-12-2011 | seen (777) times | Article Word Count : 354 |

The CRC energy efficiency scheme was developed to help curb carbon emissions not covered by existing laws in the UK.
The CRC energy efficiency scheme was developed to help curb carbon emissions not covered by existing laws in the UK. This is in accordance with the EU Emissions Trading and Climate Change Agreements which targets energy-intensive organizations. Organizations or businesses who consume 6,0000MWH of electricity per year are covered under the scheme.

Some companies offer services that help organizations who fall under CRC energy efficiency scheme. These conduct a comprehensive study on the organizations CRC Compliant Footprint and guide them through the various CRC requirements. It also makes it possible for them to monitor their CRC footprint and create accurate reports through the use of software. Other services include verification of carbon footprint by an independent greenhouse professional to ensure that all submitted reports are accurate.

Organizations and businesses which are commonly covered under the CRC energy efficiency scheme are supermarkets, bank, hotels and universities. There are organizations which comprise for around 10 percent of all UK carbon emissions but are below the levels of set under the European Union’s Emission Trading Scheme.

The energy scheme has three main components. Organizations that fall under the CRC energy efficiency scheme are required to submit a report detailing carbon emissions yearly under a specific set of measurement rules. The second element of the energy scheme deals with carbon pricing wherein organizations that were able to reduce their carbon emissions can lower their costs under the CRC guidelines. Finally all participants in the CRC scheme are ranked and their scores are compared against each other giving organizations who manage to score high in the rankings a boost in reputation.

Organizations who manage to perform well in the CRC rankings also stand to benefit financially for their efforts. These participants will be able to reduce the cost of their emission allowances reducing overhead costs while reaping the benefits of being a truly "green" company. Another major benefit to this type of scheme is the branding and image improvements. Promotion of a company with green credentials help gain a competitive advantage over other industry players, and looks great in press releases and print marketing.

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Keywords : CRC energy efficiency scheme, CRC energy, energy efficiency scheme, CRC energy efficiency,

Category : Business : Business

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