cca

Don’t Delay Your CCA

Government gives green light to those eligible to save money and set course for net zero

For any business with eligible processes and plans to reduce energy or carbon emissions, applying for a Climate Change Agreement (CCA) should be a no-brainer.

The government has published its response to the consultation on an extension to the current scheme for CCAs, which relieve eligible energy-intensive users from most of the costs of the Climate Change Levy (CCL). The consultation outlined proposals to extend the scheme by two years and open it up to new entrants, allowing eligible facilities not currently participating to apply to join in 2021. The consultation received 101 responses, which fed into the final decision-making.
(more…)

Read More

Carbon_Blog

All About Carbon

The surprising strength of carbon prices and their impact on the power market

Supply and demand – or not

At first glance it seems at best ironic, possibly even perverse, that carbon prices should have been so strong in recent months. After all, the COVID crisis has caused a collapse in industrial activity and power generation across Europe, reducing carbon emissions and, therefore, also the need for emitters to hold carbon allowances under the EU Emissions Trading System.

Ample supply and reduced demand hardly seem the sort of conditions to cause a surge in prices – so what has been going on?
(more…)

Read More