Should we wait until 2011 before doing anything about the CRC Energy Efficiency Scheme?
Some companies might be tempted to only start cutting back on emissions once the CRC Energy Efficiency Scheme credit purchasing system is underway, as a way of maximising the potential returns from finishing towards the top of the league table.
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Aside from the unpredictability involved in such a tactic arising from other companies' actions during the course of the CRC Energy Efficiency Scheme cycle, delaying energy efficiency measures will simply cost your business more money than the potential rewards.
Due to the short ROI period of some energy efficiency projects, a delay could mean that by the time your company installs an energy-saving product it could have already paid for itself!
Companies which engage in the process fully and invest in low energy lighting, insulation, free cooling chillers and other energy efficient technologies and business practices will reap the financial and promotional rewards of their involvement with the CRC Energy Efficiency Scheme. Companies who simply aim to comply with the paperwork will incur additional costs and risk their reputations in an ever-increasingly eco-aware consumer environment.
Which will your business be?
UPDATE! As of October 2010 the first allowance sales for 2011/12 emissions will be deferred to 2010.
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