CRC Energy Efficiency Scheme – double purchase of allowances

CRC Energy Efficiency Scheme – double purchase of allowances

With the deadline for purchasing CRC Scheme allowances approaching, those participating in both phases of the CRC Scheme (that is the ‘Introductory Phase from April 2010 to March 2014 and the ‘Initial Phase’ from April 2014 to March 2019) should be aware of the potential need to purchase allowances twice in 2014. This is because of the way the first two phases of the CRC Scheme overlap.

Participants will need to order and purchase allowances between June–September 2014 for the fourth and final compliance period (2013-2014) of the Introductory Phase. However, participants could also be purchasing allowances for the first compliance year of the Initial Phase around the same time.

The recen

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About the author:

Simone is an environmental law specialist and is head of LexisPSL Environment.

Simone moved to LexisNexis from Clyde & Co where she trained. Whilst at Clyde & Co Simone gained experience in contentious work, including large scale arbitrations, private claims and regulatory breaches, and a variety of non-contentious issues. Some of her experience includes the EU Emissions Trading System, the domestic Carbon Reduction Commitment Energy Efficiency Scheme, environmental due diligence, Energy Performance Certificates, permitting requirements and contaminated land.

Simone has written a number of articles, which have been published in various journals and is a trustee of the United Kingdom Environmental Law Association (UKELA).