CRC Energy Efficiency Scheme and Foreign direct investment: Difference between pages

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imported>Doug Williamson
(Update for replacement by Streamlined Energy and Carbon Reporting regime.)
 
imported>Doug Williamson
(Create page. Sources: The Treasurer, June 2018 p07 and OECD webpage https://www.oecd.org/daf/inv/investmentstatisticsandanalysis/40193734.pdf)
 
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''Environmental policy - UK.''
(FDI).


The CRC Energy Efficiency Scheme was the UK's first mandatory carbon trading scheme to address climate change and to promote energy saving.
The Organisation for Economic Co-operation and Development (OECD) defines foreign direct investment as:


It aimed to reduce carbon dioxide emissions not already covered by climate change agreements and the Emission Trading Scheme, by reducing the UK's carbon footprint and meeting the emissions reduction targets set out in the Climate Change Act of 2008.
"a category of cross-border investment made by a resident in one economy (the direct investor) with the objective of establishing a lasting interest in an enterprise (the direct investment enterprise) that is resident in an economy other than that of the direct investor."




It was formerly known as the Carbon Reduction Commitment (CRC).
<span style="color:#4B0082">'''''US protectionism - how far will Trump go?'''''</span>


:"The US enjoys the highest foreign direct investment in the world because, thanks to its strong economy, it has a risk/return profile that attracts foreign investors.


The scheme was replaced in April 2019 by the UK's Streamlined Energy and Carbon Reporting (SECR) regime.
:US households benefit from this through higher consumption by way of trade. The US does not lose out in terms of jobs or economic growth by running a trade deficit."
 
:''The Treasurer magazine, June 2018, p13 - Kallum Pickering, senior UK economist at Berenberg Bank.''




== See also ==
== See also ==
* [[Cap and trade]]
* [[Organisation for Economic Co-operation and Development]]
* [[Carbon credits]]
* [[World Bank]]
* [[Carbon footprint]]
* [[Carbon trading]]
* [[Emission trading scheme]]
* [[Energy Transitions Commission]]
* [[IPCC]]
* [[Merit order]]
* [[Streamlined Energy and Carbon Reporting]]
 
[[Category:Ethics_and_corporate_governance]]
[[Category:Manage_risks]]

Revision as of 14:50, 1 June 2018

(FDI).

The Organisation for Economic Co-operation and Development (OECD) defines foreign direct investment as:

"a category of cross-border investment made by a resident in one economy (the direct investor) with the objective of establishing a lasting interest in an enterprise (the direct investment enterprise) that is resident in an economy other than that of the direct investor."


US protectionism - how far will Trump go?

"The US enjoys the highest foreign direct investment in the world because, thanks to its strong economy, it has a risk/return profile that attracts foreign investors.
US households benefit from this through higher consumption by way of trade. The US does not lose out in terms of jobs or economic growth by running a trade deficit."
The Treasurer magazine, June 2018, p13 - Kallum Pickering, senior UK economist at Berenberg Bank.


See also

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