UK HMRC has published a policy paper on proposed updates to the Climate Change Agreements (CCA) scheme in the UK. The CCA scheme is a voluntary scheme, providing a significant discount on the Climate Change Levy (CCL) for participating businesses that commit to energy efficiency or carbon reduction targets. CCL is a tax on the supply of energy to non-domestic users, introduced in 2001 to encourage energy efficiency. Changes include allowing three new industrial processes to join the CCA sche…