UK delays carbon reduction payments by one year

The British government has finalised the details of a scheme to reduce carbon emissions from large energy users not included in the EU emissions trading scheme, delaying by one year a requirement for organisations to buy allowances to cover their energy-related emissions.

The government said it made several changes following consultations with industry designed to reduce the upfront cost of participation in the Carbon Reduction Commitment scheme. Organisations will now only have to report their emissions in the first year of the scheme, which begins in April 2010.

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