News

CRC – Allowances

May 1, 2012

The Environment Agency has published guidance on purchasing, surrendering and trading CRC carbon allowances. Allowances must be purchased, paid for and surrendered by 31st July. Why anyone would want to trade is not clear as there is no limit on the number of allowances that can be purchased, the price is guaranteed to be the same next year and allowances may be carried from year to year within Phase 1. Details are here.