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The government response includes measures to reduce complexity and administrative costs, as well as clearer rules to incentivise the adoption of cost-cutting energy efficiency measures.
The CRC Energy Efficiency Scheme (CRC) is a mandatory UK-wide trading scheme introduced in April 2010 which targets emissions from large public and private sector organisations. It is designed to drive emission reductions in the target sectors by incentivising the uptake of cost-effective energy efficiency opportunities through the application of financial regulatory and reputational drivers.
This consultation is being undertaken as a result of a broader simplification review and engagement with stakeholders. This consultation document builds on the vision set out in June 2011 and sets out specific proposals to simplify the CRC Energy Efficiency Scheme. These proposals take into account feedback from stakeholders on the June publication, feedback from the administrative burden survey and analysis of participant data from reports collected in July 2011.
The consultation document includes proposals which aim to streamline and simplify the scheme to create a leaner, simplified and refocused CRC. The simplified CRC will deliver its energy efficiency and carbon reduction objectives whilst making compliance easier and less burdensome for participants.
As part of the consultation into the simplification of the CRC Energy Efficiency Scheme, 2 stakeholder events were held in 2012: in Manchester (on 16 May) and London (on 23 May). You can read a report of these events and download the presentation on simplification that was delivered at each event.