An independent review has backed the environmental integrity of carbon credits generated by cutting nitrous oxide (N2O) emissions during manufacture of nitric acid. It points away from any EU restrictions on these types of credits from entering the EU ETS.
In a report commissioned by NGO CDM Watch, the Stockholm Environment Institute finds no evidence that nitric acid N2O projects certified under the Clean Development Mechanism (CDM) have involved manipulation, carbon leakage or windfall profits.
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