The document discusses the UK's CRC energy efficiency scheme and broader climate change policies and challenges. It provides context on the CRC's goals and criticisms. It then raises more sophisticated questions about the scheme's risks, accounting implications, and reputation impacts. Finally, it discusses the larger challenges of meeting the UK's long-term carbon reduction targets and questions for businesses to consider going beyond just CRC compliance.

1. The CRC and Beyond Regulation in context February 2010 Harry Morrison – Carbon Trust Standard Company

2. CRC Context

3. Business and Public Sector emissions – policy coverage

4. Current low cost of carbon Climate Change Levy + EU ETS cost pass through

5. CRC Today

7. CRC savings Emissions: 53 MtCO2 Saving in 2020 : 3.2 MtCO2 = 6% over 10 years

8. CRC in the news

10. Basic questions and answers Qualification? Compliance? Footprint?

11. More sophisticated issues Risks? Accounting implications? Early action? Reputation impact?

12. The bigger picture

13. Carbon budgets: 1.7% reduction/year

14. The 2050 reduction challenge UK reductions to date ~15% Implied annual target -3.2% 80% reduction 1990-2050

15. .. factoring in growth to 2020 2020 60% increase in carbon efficiency

16. .. And 2050… 2020 60% increase in carbon efficiency 2050 900% increase in carbon efficiency

17. What’s our long term investment plan? What’s our 2015, 2020 strategy and target? How do we move from 0.6% to 3% savings each year? CRC : key questions How do we monitor progress?

18. Will it impact our Brand? What about our supply chain? What’s the impact on our products and services? Beyond the CRC Should our business model change?

19. Have you engaged your customers?

20. www.carbontruststandard.com [email_address] 0800 019 1443 Further information