Climate Change Levy (CCL) was introduced in 2001 under the Finance Act 2001 for non-domestic organisations. It is one of the longest running energy based policies to date. CCL was initially offset by a reduction in National Insurance contributions for businesses and was launched to encourage them to operate in a more environmentally friendly way. The levy is applied to electricity, gas, liquid petroleum gas (LPG) and solid fuels. However, exemptions for supplies from certain energy sources apply.
Generating, supplying and using renewable energy is becoming common practice and, the success of wind and solar farms, has meant that subsidies for such investments have all but stopped. Continuing their path to net zero, the UK government set clear their plans for further renewable technologies in their Energy white paper: Powering our net zero future and one of their strategies to help reach their target is to invest in hydrogen technologies and transition away from natural gas.
This is the 4th edition of our “Energy In” series, where we look at upcoming events, key dates and news within the environmental and energy landscape for the year ahead.
