CTA Watch Overview 6-18-10
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Emerging Issues

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Posted on August 13, 2010
Asset Performance
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Posted on August 22, 2010
Building Efficiency
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Posted on August 22, 2010
Global Asset Sustainability
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Posted On August 16, 2010
Global Energy Efficiency
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Posted On August 18, 2010
Global Energy Performance
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White Paper Summary

Are You Ready and Able to Participate in the Mandatory CRC Energy Efficiency Scheme? (white paper #2)

This white paper offers an explanation of the challenges and opportunities inherent to the Carbon Reduction Commitment (CRC) Energy Efficiency Scheme legislation. First, we will explain the CRC carbon reporting regulation in some depth. Second, we will then communicate this information in context of the hypothetical carbon emissions reporting presented by a sample company.

CRC Energy Efficiency Reporting Failures Have Repercussions

There are serious repercussions should an organisation falter during any one of the stages of its CRC. It is important that considerable oversight be given to each stage of the operation, starting from the initial assessment of the organisation's baseline, through deadline compliance, measuring and reporting, and finally with adequate financial preparation.

Over and above the direct costs of participating, the organisation must allow for the administrative expenses associated with each stage of the program, together with any consultation fees, and strive for solutions providing short time lines for return on investment (ROI).

As will be seen from the scenarios presented, organisations must keep accurate records, be proactive in compliance mitigation, and set definitive time lines for initiatives to address CRC reporting. Any organisation affected by the CRC would do well to seek assistance to help it understand its reporting requirements and to follow through with its obligations.

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