1. Who said Green IT had to be taxing?

    Home | SYS-CON MEDIA (Oct 28 2010)

    1. Who said Green IT had to be taxing? UK Government changes CRC scheme to simple carbon tax. Unveiling the UK Government’s Comprehensive Spending Review last week, Chancellor George Osborne announced a major change to the Carbon Reduction Commitment (CRC). The Chancellor stated that the money collected by the scheme over the next four years could be transferred to the Treasury (UK plc) coffers instead of being returned to participating companies in the form of rebates. Unsurprisingly, this rather swift change of the goal posts has led to cries of ‘stealth tax’ from critics. Since last week’s Spending Review announcement, a whole line of analysts and specialists have formed an orderly queue, waiting for their turn to denounce this change and to claim that the implications for UK’s data centre industry could be catastrophic as operators seek to build new facilities in other countries instead. (Read Full Article)

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