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UNFCCC Requests Review of 4th HFC Project Before Issuing Credits
2010-08-18 16:44:03.845 GMT
By Mathew Carr
Aug. 18 (Bloomberg) -- Regulators of United Nations
greenhouse-gas credits in Bonn won't immediately issue tradable
emissions credits to the developer of a Chinese
hydrofluorocarbon-23 project as they seek more information.
The request for review of the Changshu 3F Zhonghao New
Chemicals Materials Co. plant, backed by BP Plc, Deutsche Bank
AG, Enel SpA and RWE AG, is the fourth this week from the
secretariat of the UN Framework Convention on Climate Change.
The board has concerns about possible "excessive
generation of Certified Emission Reductions" from HFC projects,
the Bonn-based regulator said today on its website.
Link to Company News:{BP/ LN <Equity> CN <GO>}
Link to Company News:{ENEL IM <Equity> CN <GO>}
Link to Company News:{RWE GR <Equity> CN <GO>}
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To contact the reporter on this story:
Mathew Carr in London at +44-20-7073-3531 or
m.carr@bloomberg.net
To contact the editor responsible for this story:
Mike Anderson at +44-20-7673-2718 or
manderson34@bloomberg.net
