Spending review announcements means the Carbon Reduction Commitment will be pushed back a year
PwC has welcomed the government decision that environmental legislation affecting approximately 4,000 business will be pushed back a year.
The first allowances sales for 2011/12 will now take place in two years in 2012 instead of next year 2011.
Henry Le Fleming, carbon policy specialist at PwC, said: "A worrying proportion of companies covered by the scheme were behind with their necessary preparations. So the delay in the timetable for purchase of allowances will be welcomed by business."
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