Corporate perspectives on ‘CRC Energy Efficiency Scheme’

How companies cut carbon, save money, and meet legal compliance

(2nd edition - June 2010)

Overview

1. Section 1: The Carbon Reduction Commitment (CRC)
   1. Quick facts
   2. How does the CRC work?
   3. Who benefits?
   4. Who is targeted?
   5. What am I reporting on?
   6. My company is already involved in other schemes
   7. Which part of my organisation is responsible for CRC participation?
   8. How will it be regulated?
      1. Non-Compliance Penalties
   9. What stage are we at?

• Debate: BT and Defra on the treatment of on-site renewables and renewable obligation certificates
• Key dates for your diary

2. Section 2: The Marketplace Structure
   1. How the market works
   2. The introductory phase (2010)
   3. The capped phase (2013)
   4. The safety valve
   5. Revenue recycling and the league table

3. Section 3: The Qualification Process
   1. The energy suppliers' role
   2. The organisations' role

4. Section 4: Monitoring, reporting and audit of emissions (MRA)
   1. Monitoring
   2. Reporting
   3. Risk-based audit

5. Section 5: Compliance Costs
   1. Costs of scheme coordination
   2. Benefits: Energy saving

6. Section 6: Corporate Case Studies
   1. ITV - Challenge: Medium-sized firm spread over multiple locations
   2. Land Securities - Challenge: Negotiating landlord-tenant agreements for CRC compliance
   3. Alliance-Boots - Strategy: Emissions quantification and data collection
   4. ASDA - Abatement strategy and CRC performance
   5. Ecotricity : Industry comment from a green energy supplier

7. Section 7: Looking Forward

• References

• Box 1: CRC objectives
• Box 2: List of acronyms
• Box 3: The "top-down" approach
• Box 4: Trading strategy
• Box 5: Target sectors
• Box 6: British Retail Consortium (BRC) on the Franchisor responsibility
• Box 7: Insider advice: Constructing a marginal abatement curve
• Box 8: Will cap and trade deliver emissions reductions?
• Box 9: Trading strategy - the "prisoner's dilemma"
• Box 10: League table loopholes
• Box 12: Data collection, processing and reporting
• Box 13: Estimating the cost of CRC compliance
• Box 14: Landlord tenant scenario
• Box 15: The polluter pays principle
• Box 16: Need for supplier information mandate

• Table 1: Calendar of CRC integration
• Table 2: Key administrative activities

 

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