Briefing Paper: HFC-23 Offsets in the Context of the EU Emissions Trading Scheme
European countries are the major market for carbon credits associated with HFC-23 (trifluoromethane) destruction projects under the UNFCCC’s Clean Development Mechanism (CDM). The EU linking Directive allows Certified Emission Reductions (CERs) from the CDM to be traded in the EU Emissions Trading Scheme (ETS). It claims that the “environmental integrity” of the ETS will be …
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