Companies rush to surrender industrial gas credits before ban

BusinessGreen staff
clock

Credits derived from HFC and adipic acid projects made up 84 per cent of all CERs handed in last year

Companies covered by the EU emissions trading scheme (EU ETS) are racing to hand in so-called "grey credits" generated by plants destroying industrial gas before their use is banned. The 12,000 participating...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Carbon Trading

'A critical precedent': BeZero Carbon and Swiss government team up on carbon credit risk assessment

'A critical precedent': BeZero Carbon and Swiss government team up on carbon credit risk assessment

Ratings agency is evaluating new Article 6.2 projects under the Paris Agreement on behalf of the Swiss Federal Office for the Environment

clock 08 August 2025 • 2 min read
Standard Chartered and Brazilian State of Acre join forces to sell rainforest carbon credits

Standard Chartered and Brazilian State of Acre join forces to sell rainforest carbon credits

Indigenous and local communities set to receive 72 per cent of the net funds generated through new agreement

clock 07 August 2025 • 3 min read
Could a standards shake-up restore confidence in the 'stalled' carbon market?

Could a standards shake-up restore confidence in the 'stalled' carbon market?

New report argues clear, aligned, and stable rules on carbon credit use are critical to reigniting 'stalled' market participation and closing $1.3tr climate finance gap

Stuart Stone
clock 21 July 2025 • 8 min read