China’s HFC-23 producers gear up for annual pay-out, as subsidies continue to eclipse lost CER revenues

Published 12:16 on March 20, 2018  /  Last updated at 12:16 on March 20, 2018  /  China, China's National ETS, China's Offset Market, China's Pilot Markets  /  No Comments

Carbon credits from HFC-23 projects were banned from most of the world’s carbon markets in 2013 amid concerns over market manipulation, but Chinese HFC-23 projects still earn almost twice as much as projects still selling UN-issued offsets thanks to a government subsidy programme.

Carbon credits from HFC-23 projects were banned from most of the world’s carbon markets earlier this decade amid concerns over market manipulation, but Chinese HFC-23 projects still earn almost twice as much as those that continue to sell UN-issued offsets thanks to a government subsidy programme.

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