Viewpoint: The carbon challenge
Climate change remains controversial for broking. Either it is not discussed or it is addressed in the context of new business opportunities such as renewable energy. Regardless of a broker's positioning on climate change, it has become a regulatory issue that cannot be ignored, principally because of the CRC Energy Efficiency Scheme.
The CRC (formerly the Carbon Reduction Commitment) changes everything. All organisations with substantial energy consumption must register and participate in a carbon trading scheme. 'Substantial' equates to an organisation with at least one electricity meter measuring in half-hours and an annual electricity bill of approximately £500,000. Some brokers - and many clients - will be CRC participants. A key feature of the legislation is a public league table disclosing the performance of
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