Government drafting plans for more firms to trade in carbon
Wed 12 July 2006
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The Government is planning to force more UK businesses to sign up to a carbon trading scheme according to a newspaper report. Big businesses like supermarkets, banks, universities, hotel chains, hospitals and Government departments could be involved.
According to The Guardian, the proposals have received a positive response from some of the companies. The plans could form a central part of the Climate Change Bill which is due to appear in full in Spring 2007.
The Government's proposals would involve companies and organisations with annual electricity bills of more than £250,000, or with electricity consumption above 3,000 megawatts. About 5,000 such companies and organisations are not already involved in the EU Emissions Trading Scheme.
Related Links
The Guardian - report link
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