Budget 2016: Changes to the UK Government Energy Efficiency Strategy

By Paul Sutcliffe | March 16, 2016

Significant changes to the Government’s energy efficiency strategy were announced in today’s budget (16 March 2016).  Key points are summarised below: The Carbon Reduction Commitment (CRC) energy efficiency scheme will be scrapped at the end of the 2018-19 compliance year (the end of Phase 2). Obligated businesses will be required to surrender allowances for the…

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Pre-Budget: Rethinking the Energy Efficiency Taxation Landscape

By EVORA | March 10, 2016

With the energy efficiency taxation review just around the corner, it is expected that the CRC Energy Efficiency Scheme will be scrapped or at least changed significantly.  Below, we make three key predictions: What are the key predictions for the upcoming budget review? A simpler energy efficiency taxation landscape: A single new tax based on…

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