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UK Government Turns Carbon Reduction Plan into “Green Tax”

Submitted by on 18 March, 2020 – 4:32 am

The UK government announced last week that it now plans to keep the revenue from the carbon reduction commitment Energy Efficiency Plan in place to recycle the money through discounts to the participating companies, according to data from the Center Knowledge.

The government says that the sudden decision to restructure the program and keep the money because the budget deficit was a significant effect.

In its announcement, the British government said the 1.57 billion U.S. dollars per year which includes income CRC now go to “support the public finances (including spending on the environment), rather than recycled to participants .

Under the structure of the program, businesses and organizations that use more than 6,000 MWh of energy per year are required to register and buy carbon credits to match the amount of energy used each year.

The program has a significant impact on corporate data center, taking into account energy-intensive facilities.

And not surprisingly, many IT companies such as Digital Realty Trust, Interxion, Equinix, TelecityGroup, SunGard, Savvis and HP, have expressed opposition to changing the program.

They argue that the Convention should now be considered s nothing more than a direct tax on carbon production.

The change in the program also prevent companies from receiving additional incentives to improve energy efficiency.

corporate data centers stand to lose most by this change, as a placement service of medium size, now have to add $ 787,300 in carbon credits for general operating expenses.

The Convention also could lead customers to turn to other countries for their IT services and development to curb data centers in the United Kingdom.

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