The regulations implementing the Carbon Reduction Commitment (the CRC) are due to be finalised. Estimates vary as to the precise impact the CRC will have on businesses – potentially, anyone who owns or occupies property - but some of our clients are planning on a hit of up to several million pounds over the next few years.
Mayer Brown have been advising on the CRC for the past two years and has developed a considerable depth of understanding and a range of techniques to help clients divest or mitigate their exposure where possible. Attached is an article answering some of the recurring questions that arise in connection with CRC implementation. We are happy to come and talk to you generally or specifically about how CRC may affect you.
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