The Future is looking brighter for LED

A new piece of business and public sector legislation issued by the carbon trust stresses the importance of reducing the carbon footprint of our workplaces.

This means switching to green technology such as LED Lighting has even more financial impact. As well as saving massive ammounts on electricity consumption companies will also have the opportunity to avoid these fines for their carbon footprint.

Snapfast & Vision are currently working together to develop a complete LED business solution, more information on this package is coming soon.

Carbon Reduction Commitment

The CRC kicks into gear in April 2010 and is the first mandatory carbon emissions trading schemes aimed at organisations consuming large ammounts of electricity, gas, fuel, oil as well as all emissions not currently included in the EU Emissions trading scheme or Climate Change Agreements.

Each year, the CRC will require participating organisations to purchase and submit sufficient allowances to meet their annual emissions covered by the scheme. The scheme will start with a reporting year from April 2010, with the first sales of allowances held in April 2011. During the introductory phase, all carbon emission allowances will be sold at a fixed price of £12 per tonne of carbon dioxide. From April 2013, allowances will be auctioned by the government, with fewer available each year.

Revenues from the sale of allowances will be recycled back to organisations within the scheme. Each organisation will be repaid in proportion to their historic emissions with a bonus or penalty depending on the extent to which they have reduced their emissions compared with other organisations within the scheme.

In the event of excessive allowance prices within the CRC, a "Safety Valve" mechanism allows EU Emissions Trading Scheme (ETS) allowances to be purchased via the Environment Agency for use in the scheme.