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Project-based offsets from industrial gasses banned from EU ETS

The EU Climate Change Committee comprised by representatives from all 27 member states has voted resolutely for the ban of credits originating from the destruction of HFC-23 and nitrous oxide (N2O) for use in the EU Emissions Trading Scheme (ETS).

Credits originating from projects relating to these gasses have long been of questionable environmental integrity and their ban by the EU demonstrates the readiness to safeguard the effectiveness of the EU ETS.

The ban comes in effect on the 1st of May 2013 and will apply to all such projects undertaken both under the Clean Development Mechanism and Kyoto's Joint Implementation mechanism. 

See other articles related to the story behind the banning of these credits here:

Doubt over integrity of half of offset credits ever produced December 2010

Dodgy Dealings: Phantom Credits and Iffy Carbon Accounting October 2010

Dodgy Dealings: HFC-23 Incineration Projects controversy and the future of the CDM September 2010


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