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Government announces abolishing the CRC scheme in the Budget 2016

Budget 2016
18 March 2016

The Government has announced it will abolish the Carbon Reduction Commitment (CRC) from April 2019. It will mean that participants in the CRC scheme will be required to surrender allowances for the final time in October 2019 according the the Budget 2016 announcement. Announcing the plans during the Budget 2016, Chancellor George Osborne said the …

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