Greenspan® Electric, a sister company of The Greenspan® Agency Ltd, invests in renewable energy developments. read more...
The CRC will be a mandatory cap and trade scheme for business that use a large amount of energy (over 6000MWh per year) but fall below the threshold for the EU Emissions Trading Scheme. Whilst Greenspan believes that capping companies’ emissions is a good idea, the scheme does not take into account energy procured from renewable sources. Omitting renewable energy from the CRC scheme would stimulate demand and increase the amount of electricity procured from renewables, thus helping to achieve the Government target of producing 40% of the UK’s electricity from renewables by 2020.
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