http://www.techweekeurope.co.uk/interview/interview-it-infrastructure/carbon-reduction-commitment-is-a-tax-on-the-cloud-3199 Enhancing business with technology - in association with eweek.com Mon, 21 May 2012 20:08:11 +0000 hourly 1 http://wordpress.org/?v=3.3.2 http://www.techweekeurope.co.uk/interview/interview-it-infrastructure/carbon-reduction-commitment-is-a-tax-on-the-cloud-3199#comment-8089 TD1947 Wed, 07 Apr 2010 10:16:01 +0000 http://www.eweekeurope.co.uk/interview/interview-it-infrastructure/carbon-reduction-commitment-is-a-tax-on-the-cloud-3199#comment-8089 I tend to agree with the piece above. If heavy industry was not already decimated (no steel industry to speak of now), this would be the death knell for it. In IT, this will just drive web-hosting and data-centres to other countries with less tax liabilities or no restrictions. The EEC carbon trading credit scheme has already been brought into disrepute by companies working the system to their advantage by selling off surplus credits. Things may get even worse in the USA (Googe for "eec carbon credit abuse" to see that I mean - also check the FAUSTIES BLOG page about Goldman etc - a bit worrying). I tend to agree with the piece above. If heavy industry was not already decimated (no steel industry to speak of now), this would be the death knell for it. In IT, this will just drive web-hosting and data-centres to other countries with less tax liabilities or no restrictions. The EEC carbon trading credit scheme has already been brought into disrepute by companies working the system to their advantage by selling off surplus credits. Things may get even worse in the USA (Googe for “eec carbon credit abuse” to see that I mean – also check the FAUSTIES BLOG page about Goldman etc – a bit worrying).

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