Saturday, July 23, 2005

Poultry News: Commission authorises the climate change levy rebate for the agriculture sector in the UK -

"UK - The European Commission has today authorised the United Kingdom (UK) to grant the agriculture sector a tax rebate of 687 million over a period of 10 years.
The rebate on the climate change levy of 50% for horticulture and 80% for agriculture sectors covered by Integrated Pollution Prevention and Control (IPPC) agreements allows UK agriculture to accommodate higher energy prices caused by the levy while helping to meet the CO2 reduction targets for the UK and for Europe.

In 2001, the UK introduced a climate change levy on the non-domestic use of energy in order to meet the Kyoto targets.

Energy intensive industries were offered a significant rebate of 80% for a period of 10 years in order to adapt to the new environment and improve energy efficiency and cut carbon dioxide emissions. The agricultural sectors concerned by today�s decision (pig and poultry, food and drink) have entered into Integrated Pollution Prevention and Control (IPPC) agreements and have committed themselves to emission reduction targets and energy efficiency targets. The UK ensures strict monitoring of the commitments. The agreements are reviewed on a regular basis. "

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