Criticism
It has been suggested that the effectiveness of the CRC is limited by its overlap with the EU ETS. Critics argue that as companies reduce their electricity consumption, power stations produce less electricity and so require fewer EU Allowances; other entities covered by the ETS are then able to use these allowances for their own emissions. It has been suggested that allowances should be removed from the ETS in accordance with electricity reductions made under the CRC.
Read more about this topic: CRC Energy Efficiency Scheme
Famous quotes containing the word criticism:
“Cubism had been an analysis of the object and an attempt to put it before us in its totality; both as analysis and as synthesis, it was a criticism of appearance. Surrealism transmuted the object, and suddenly a canvas became an apparition: a new figuration, a real transfiguration.”
—Octavio Paz (b. 1914)
“Good criticism is very rare and always precious.”
—Ralph Waldo Emerson (1803–1882)
“Like speaks to like only; labor to labor, philosophy to philosophy, criticism to criticism, poetry to poetry. Literature speaks how much still to the past, how little to the future, how much to the East, how little to the West.”
—Henry David Thoreau (1817–1862)