Common Contracts
1 similar Climate Change Agreement contracts
THE CLIMATE CHANGE AGREEMENT FOR COLD STORES: AN INDUSTRY WORKING TOGETHER TO IMPROVE ENERGY EFFICIENCYClimate Change Agreement • April 16th, 2021
The Climate Change Agreements were established in 2003, in response to the introduction of Climate Change Levy as a means to reduce industrial energy and contribute to the UKs commitments under the Kyoto Agreement. The scheme offers energy intensive industries significant discounts on their Levy if they agree to targets for improving their energy efficiency. For cold storage, performance is overseen by the Cold Chain Federation1. Cold stores have consistently met the efficiency targets of the scheme and in the process have saved over £10m a year. The Federation has been instrumental in helping the sector to work together to achieve its targets through strong administrative and technical support. The scheme, recently extended until 2025, is popular with both industry and Government and a recent evaluation found they provide value for the economy and the taxpayer, promote energy efficiency and protect the competitiveness of UK business.
