Firms found to be ill-prepared for cap-and-trade scheme
1 Aug 2008
Many UK firms remain unprepared for the introduction of a cap-and-trade scheme, and have little experience of the IT systems and trading processes that will be required to comply with the new legislation.
The Carbon Reduction Commitment (CRC) cap-and-trade scheme was originally expected to impact around 5000 companies and organisations with annual electricity bills in excess of £500,000, including supermarkets, hotels, government departments and universities.
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