Over half a billion CERs at risk of homelessness post-2012

Over half a billion CERs risk homelessness post-2012

Warehoused CERs looking for a new home

At the end of November the European Commission proposed banning credits produced from HFC-23 gas and nitrous oxide adipic (N2O) projects from acceptance into the EU Emissions Trading Scheme (EU ETS) from January 1, 2013. The controversial projects have been subject to scrutiny this year by the Environmental Investigation Agency (EIA) following incidents of fraud. These credits make up half of the current supply of global Certified Emission Reductions (CERs).

If the proposal is approved by the Eu