Spring Budget 2023: Cold Chain Urges Government To Extend Climate Change Agreement Scheme
The Cold Chain Federation is urging Government to use tomorrow’s Spring Budget to extend the Climate Change Agreement (CCA) scheme beyond its current end date of 2025. The federation says that the cold storage CCA provides a very effective framework for significant energy efficiency improvements in cold stores throughout the UK, and that the scheme remains crucial as cold stores navigate the ongoing energy crisis.
The call to extend the CCA scheme comes as leaders of the UK’s temperature-controlled logistics industry gather tomorrow (Wednesday 15th March) at the Cold Chain Federation’s pioneering Cold Chain Climate Summit. The Summit will see more than 200 professionals from the UK’s cold storage and distribution industry meet with global partners, academics and policy officials to explore the challenges and opportunities for the cold chain in tackling and adapting to climate change.
The CCA scheme operates across multiple industries, offering tax benefits to businesses which sign up to energy efficiency targets. The cold storage industry saves more than £10m each year through successfully meeting its targets.
The Cold Chain Federation has also asked the new Department for Energy Security and Net Zero to provide greater energy bill relief for cold storage facilities, as critical infrastructure for food supply where energy needs increase over the warmer summer months. Under the proposals for the new Energy Bill Discount Scheme, set to replace the Energy Bill Relief Scheme from 1st April 2023, most cold storage operators will not be eligible for the enhanced level of support meaning that their relief will plummet just as their energy needs increase.
The Cold Chain Climate Summit is taking place on 15 March 2023 at The Slate, Warwick Conferences, featuring speakers including Claire Walters (Regional Vice President at Lineage Logistics), Professor Alan McKinnon (Kuehne Logistics University), Dr Leyla Sayin (The Centre for Sustainable Cooling) and Mollie Johnson (The Department for Transport). It will be followed by the inaugural Cold Chain Sustainability Awards, recognising businesses and individuals who are leading the way towards a more sustainable UK cold storage and temperature controlled transport sector. For more information visit www.coldchainfederation.org.uk/events/cold-chain-climate-summit-2023/.
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