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CRC scheme to be more flexible, but still complex for a tax

CRC scheme to be more flexible, but still complex for a tax

Published on: 20 March 2013

Published by: LexisPSL

CRC scheme to be more flexible, but still complex for a tax
Original News
What are the key changes?
In what ways does the draft Order ‘simplify’ the scheme and how effective are these changes likely to be?
Are the measures being brought into force practical?
What do lawyers need to be mindful of when advising in this area?
Are there still any grey areas/unresolved issues practitioners will need to watch out for?
How does this case fit in with other developments in this area?

Article summary

Environment analysis: Does the draft CRC Order create a simplified version of the CRC Energy Efficiency Scheme? Vanessa Havard-Williams, partner and global head of environment at Linklaters, says although the draft Order significantly improves flexibility, particularly in relation to fuels, reporting and disaggregation, it remains a complex scheme for what is a tax on energy consumption. Vanessa explains the key changes and comments on their effectiveness. Sign in or take a trial to read the full analysis.

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