DECC scraps business red tape

DECC has scrapped 86 rules and slimmed down 48 others to make life easier for businesses. Part of the Government’s ‘red tape challenge’ which was launched in 2011, it is […]

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By Vicky Ellis

DECC has scrapped 86 rules and slimmed down 48 others to make life easier for businesses.

Part of the Government’s ‘red tape challenge’ which was launched in 2011, it is said the changes could save businesses around £400 million over the next 20 years alongside other reforms to the energy market.

This includes simplifications to the EU Emissions Trading Scheme and the Carbon Reduction Commitment.

Energy Minister Charles Hendry said: “We have listened to our stakeholders as they suggested regulations which add cost or complexity without effectively leading to protections and I am pleased to announce that DECC will scrap or improve 134 regulations.”

He added it is “vital that we have a regulatory regime which promotes fairness and consumer and environmental protection but does not impose unnecessary costs or barriers to generating the necessary investment, innovation and skills we need to build the low carbon economy.”

David Porter, Chief Executive of Energy UK which represents the country’s energy suppliers said the move was “a step in the right direction” but added it must be part of an “on-going process”, urging DECC to continue to remove unnecessary red tape.