EC proposes to ban HFC-23 credits from 2013

The use of carbon credits from projects aimed at cutting HFC-23 and nitrous oxide (N2O) emissions from adipic acid production should be banned from 2013 under the EU carbon trading scheme (ETS), the European Commission said on Thursday.

HFC-23 credits account for 50% of all CDM credits and adipic acid N2O credits for 20%. European companies would still be able to buy credits from nitric acid N2O reduction projects. This is in line with recommendations made in a report earlier this month.

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