Draft Order to Implement the CRC The right to reply… paragraph by paragraph.

Cite <blockquote cite='http://writetoreply.org/carbon/2009/03/12/25-joint-ventures-and-pfi/#1'>Government proposes that Joint Ventures and PFI/PPP/BDFO arrangements (where there is no parent with a greater than 50% controlling stake) will participate as individual CRC organisations (where the inclusion threshold is exceeded). Responsibility would not be split between the shareholders. Therefore, where no single organisation owns a majority share in a company, the company’s electricity consumption will not be aggregated with that of its joint owners for the purposes of ascertaining eligibility for the scheme. This principle is clearly also relevant to private equity and venture capital contexts. Article 7 and Schedule 2 (para 5 (d)) of the Draft Order deals with the classification of organisations with multiple owners.</blockquote> Permalink:
1 Government proposes that Joint Ventures and PFI/PPP/BDFO arrangements (where there is no parent with a greater than 50% controlling stake) will participate as individual CRC organisations (where the inclusion threshold is exceeded). Responsibility would not be split between the shareholders. Therefore, where no single organisation owns a majority share in a company, the company’s electricity consumption will not be aggregated with that of its joint owners for the purposes of ascertaining eligibility for the scheme. This principle is clearly also relevant to private equity and venture capital contexts. Article 7 and Schedule 2 (para 5 (d)) of the Draft Order deals with the classification of organisations with multiple owners.

Cite <blockquote cite='http://writetoreply.org/carbon/2009/03/12/25-joint-ventures-and-pfi/#2'>Click image to enlarge</blockquote> Permalink:
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Click image to enlarge

Cite <blockquote cite='http://writetoreply.org/carbon/2009/03/12/25-joint-ventures-and-pfi/#3'>Click image to enlarge</blockquote> Permalink:
3

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Cite <blockquote cite='http://writetoreply.org/carbon/2009/03/12/25-joint-ventures-and-pfi/#4'>Yes / No / Don‟t know</blockquote> Permalink:
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Yes / No / Don‟t know

Cite <blockquote cite='http://writetoreply.org/carbon/2009/03/12/25-joint-ventures-and-pfi/#5'>If no, please explain your reasoning and suggest an alternative approach which achieves Government objectives and is in line with the overall aim of the scheme</blockquote> Permalink:
5

If no, please explain your reasoning and suggest an alternative approach which achieves Government objectives and is in line with the overall aim of the scheme

Tags: electricity consumption, Joint Ventures, Joint Ventures and PFI Government, PFI

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