What a fine idea this is:
Companies that fail to register their energy use by next month will be hit with fines that could reach £45,000 under the little-known rules.
Those that do participate in the Carbon Reduction Commitment (CRC) initiative by declaring their energy use will face charges for every ton of greenhouse gas they produce.
Errr… wait – don’t they already pay electricity bills for, you know, the electricity they fucking use?
These payments are expected to average £38,000 a year for medium-sized firms, and could reach £100,000 for larger organisations.
The that’s the cost of anything up to 3 full time employees, per employer.
Joined up as well, eh?
The imposition of new charges and fines will put pressure on firms at a time when economists are warning of a “double dip” recession as companies, consumers and the public sector all cut their spending.
Business leaders criticised the CRC — which was created by Labour but implemented by the Coalition — as “complex and bureaucratic”. One accused ministers of swinging “a big hammer” at companies and questioned whether it would have any environmental benefits.
So why can’t they ditch the scheme? Lib Dems or EU?