Pre-Budget Report shows commitment to green

The chancellor, Alistair Darling, announced in his pre-budget report that the Government is to finance four carbon capture and storage demonstration projects, doubling its commitment to this sector. The projects, which will be phased in between 2014 and 2018, are to be funded through the Energy Bill that's presently going through parliament. An additional 150m will also be invested in supporting the offshore wind industry, small community projects, the chemicals industry and green transport projects.

It's good to see the Government investing in such activity but I hope they'll also continue to push for a clear framework to measure and report on carbon emissions. It's only then that both business and Government will be able to see the real progress being made. The Government has already made good progress with the carbon emissions reporting guidelines that were published on 1st October this year. The UK Carbon Reduction Commitment (CRC) will come into force in 2010 and will affect around 5000 large companies, effectively introducing the world's first legally binding carbon budget with the aim of achieving an 80% reduction of carbon emissions by 2050. By December 2010, the Secretary of State will then publish a review on the contribution carbon reporting will make to reducing emissions. Access welcomes the progress being made on the green agenda to date. We'll certainly continue to keep a close eye on developments and how software and technology can help businesses reduce their carbon footprint.

If you want further information on the Pre-Budget Report's green highlights, see the Business Green website.

Kevin Misselbrook
Customer Services Director