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Carbon Reduction Commitment  Barry Shambrook, Tuckers Consultancy Ltd 020 7987 1420, barrys@tuckers.co.uk
What  is CRC? ,[object Object]
From April 2010 allowances must be purchased for every tonne of CO2 emitted, initially at a fixed price of £12 / tonne CO2
From 2013 allowances will be caped and publically auctioned, price expected to rise!
Government will publish a performance league table showing comparative performance of all participants ,[object Object]
Became law on 26 Nov 2008  Aims to transition UK to a low carbon economy
Legally binding target of 80% reduction in greenhouse gas emissions by 2050 (from 1990 level)
  34% reduction in CO2 by 2020 (from 1990) Introduction of emission trading scheme - Carbon Reduction Commitment  for top 5000 organisations
Introduction of mandatory yearly energy reporting requirements for top 175,000 electricity consumers,[object Object]
Growth : percentage reduction per unit of turnover
Early initiatives : actions taken before 2011
Percentage of emissions covered by Carbon Trust Standard see http://www.carbontruststandard.com/
All revenue will be returned to the scheme, payments from bottom 50% are used as bonuses for organisations at top of the league table
Payments made in April but bonuses are not paid until October - cash flow
CRC League Table publically available to show CSR - no more “green washing”
Large penalties for under reporting (£75 / tCO2)
Potential to make profit by being at top of league table ,[object Object]
Timeline for compliance • 2009 September – Everyone with a half hourly meter must report on their usage in 2008 and supply a list of half hourly meter numbers
Timeline for compliance  • 2010 April - Trading scheme starts
Timeline for compliance  ,[object Object],[object Object],[object Object],[object Object]

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Crc Presentation

  • 1. Carbon Reduction Commitment Barry Shambrook, Tuckers Consultancy Ltd 020 7987 1420, barrys@tuckers.co.uk
  • 2.
  • 3. From April 2010 allowances must be purchased for every tonne of CO2 emitted, initially at a fixed price of £12 / tonne CO2
  • 4. From 2013 allowances will be caped and publically auctioned, price expected to rise!
  • 5.
  • 6. Became law on 26 Nov 2008 Aims to transition UK to a low carbon economy
  • 7. Legally binding target of 80% reduction in greenhouse gas emissions by 2050 (from 1990 level)
  • 8. 34% reduction in CO2 by 2020 (from 1990) Introduction of emission trading scheme - Carbon Reduction Commitment for top 5000 organisations
  • 9.
  • 10. Growth : percentage reduction per unit of turnover
  • 11. Early initiatives : actions taken before 2011
  • 12. Percentage of emissions covered by Carbon Trust Standard see http://www.carbontruststandard.com/
  • 13. All revenue will be returned to the scheme, payments from bottom 50% are used as bonuses for organisations at top of the league table
  • 14. Payments made in April but bonuses are not paid until October - cash flow
  • 15. CRC League Table publically available to show CSR - no more “green washing”
  • 16. Large penalties for under reporting (£75 / tCO2)
  • 17.
  • 18. Timeline for compliance • 2009 September – Everyone with a half hourly meter must report on their usage in 2008 and supply a list of half hourly meter numbers
  • 19. Timeline for compliance • 2010 April - Trading scheme starts
  • 20.
  • 21. Timeline for compliance • 2012 April – Buy allowances in advance for 2012/13 at a fixed price of £12/tCO2
  • 22.
  • 23.
  • 24. Failure to disclose information is £1000 once registered
  • 25. Failure to submit annual report is £5000 + £0.05 / tonne of CO2 per day. Bottom ranking on Performance League Table
  • 27. Falsification or reckless statements results in imprisonment up to three years, fine up to £50,000Reputational risk to brand by being at the bottom of league table!
  • 28. Reasons For Non-Compliance Lack of staff time and resources Poor departmental coordination - IT / Finance / Facilities Budgetary constraints Inadequate information and guidance Lack of sustainability awareness Poor procurement coordination Lack of best practice methods
  • 29. A plan for compliance Work with a specialist! Capture and report half hourly consumption data Prepare to input data to Government portal and maintain a log for audit purposes Build automated data collection networks Implement solutions that enable analysis and forecasting for CRC Credits Trading Install sub-meters to achieve a more granular level of detail Target the big users and drive behavioral change Overcoming landlord objections and gaining consent Explore retrofit energy saving technologies and solutions A continuous process of improvement
  • 30.
  • 31. Use software that allows meter data to be consumed and analysed
  • 32. Automate data collection required for Footprint Report and evidence pack
  • 33. Tools to allow accurate budgeting and forecasting
  • 34. Automatic Monitoring and Targeting packages qualify for tax breaks under Enhanced Capital Allowance scheme
  • 35.