HFC-23 Offsets in the Context of the EU Emissions Trading Scheme – Policy Briefing

Under current rules, the 19 registered HFC-23 destruction projects are expected to generate about 478 million CERs by 2012 and more than one billion CERs by 2020. In 2009 European installations surrendered 46,364,460 HFC-23 CERs, worth an estimated €552 million2. However these CERs, which constitute the majority of offsets used by European companies (59% in …