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www.decc.gov.uk
Consultation on the DraftOrder to Implement the CarbonReduction Commitment
March 2009
 
 2Department of Energy and Climate Change3 Whitehall Place,LondonSW1A 2HD © Crown copyright 2009Copyright in the typographical arrangement and design rests with theCrown.This publication (excluding the royal arms and departmental logos) maybe re-used free of charge in any format or medium provided that it is re-used accurately and not used in a misleading context. The materialmust be acknowledged as crown copyright and the title of thepublication specified.Should you require Information about this publication, further copies, orthis document in an accessible format eg. Braille, audio-cassette,minority ethnic language etc, please contact:Carbon Reduction Commitment (CRC)National Carbon MarketsDepartment of Energy and Climate Change3 Whitehall Place,LondonSW1A 2HDEmail: crc2009consultation@decc.gsi.gov.uk  This document is also available on the DECC website athttp://www.decc.gov.uk/en/content/cms/consultations/crc/crc.aspx Published by the Department of Energy and Climate Change.This consultation discusses the statutory basis for the CarbonReduction Commitment after two previous consultations on policydesign.This consultation will further help to formulate our long-term energypolicy.
 
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Contents
Contents ....................................................................................................... 3
 
Scope of the consultation ................................................................................ 12
 
How to respond ................................................................................................. 16
 
Executive Summary .......................................................................................... 19
 
1
 
Introduction - Policy Context, Background and Rationale ................. 22
 
1.1
 
Carbon Reduction Commitment (CRC)
 –
An introduction ........................... 23
 
1.2
 
Practicalities of the Scheme ........................................................................ 25
 
1.2.1
 
Scheme Administrators......................................................................... 25
 
1.2.2
 
Scheme Phases ................................................................................... 25
 
1.2.3
 
Compliance activities ............................................................................ 27
 
1.3
 
Why CRC? .................................................................................................. 29
 
1.4
 
Where CRC fits in the Climate Change policy map ..................................... 30
 
1.5
 
How CRC has been designed from a Better Regulation perspective .......... 32
 
2
 
Determining the CRC Participant ......................................................... 35
 
2.1
 
Overview ..................................................................................................... 35
 
2.2
 
Treatment of Groups -
„Parents and Subsidiaries‟
....................................... 36
 
2.2.1
 
Date to determine Group structure ....................................................... 38
 
2.3
 
Principal Subsidiaries .................................................................................. 39
 
2.3.1
 
Purchase or Sale of a Participant or Principal Subsidiary - TransferringScheme Obligations (Designated Changes) ..................................................... 41
 
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