Nov 2nd 2011
Industry performs well on carbon targets
The Department of Energy and Climate Change (DECC) published the results of the fifth target period for the Climate Change Agreements (2010) on 31 October. The report revealed 28mn tCO2 was saved compared to sector specific base years, and that 38 sectors out of 54 met their targets. The report concluded that generally there was an improvement across all sectors with over 99% of facilities, which totals 9,634, having had Climate Change Levy discounts renewed. The report noted a large surplus of 13.6mn EU Emission Trading Scheme allowances, as the recession led to a difference between actual emissions and allocated emissions. UK industries also saw an energy intensity increase over the fifth phase as manufacturers switched to short-run better quality products which require more input. Over the last decade the report noted that gas and electricity prices for industrial users increased 113% and 60% respectively.
Climate Change Levy exempt energy
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