TITLE

Private equity struggles to escape CRC burdens

PUB. DATE
September 2009
SOURCE
ENDS (Environmental Data Services);Sep2009, Issue 416, p5
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the resistance by private equity funds against the new Carbon Reduction Commitment (CRC) in Great Britain. Under the new CRC, private equity funds owning British companies will be considered as parent companies which means that they will be responsible for compliance with the carbon trading scheme. The Department of Energy and Climate Change (DECC) noted that it sees no reason to give private equity a different treatment in terms of tackling climate change.
ACCESSION #
72333555

 

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