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EU to Restrict Some UN Emission Offsets From April 30, 2013
2011-01-21 12:13:37.538 GMT
By Ewa Krukowska
Jan. 21 (Bloomberg) -- European Union member states voted
to allow emitters in the world's largest emissions system to use
imported carbon offsets for 2012 until the end of April 30,
2013, delaying the start of a ban proposed by the EU regulator,
an EU diplomat said.
The European Commission proposed Nov. 25 to put limits on
the use of United Nations-sponsored offsets linked to
hydrofluorocarbon-23 and some nitrous oxide credits for
compliance in the EU system as of Jan. 1, 2013. The draft was
voted today by the Climate Change Committee, including
representatives of the EU's 27 national governments.
The ban will become binding on Jan. 1, 2013, and offsets
generated by reduction of industrial gas emissions in developing
countries from the beginning of that year won't be accepted in
the EU system, the diplomat said, asking not to be identified,
citing EU policy.
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To contact the reporter on this story:
Ewa Krukowska in Brussels at +32-2-237-4331 or
ekrukowska@bloomberg.net
To contact the editor responsible for this story:
Rob Verdonck at +44-20-3216-4149 or
rverdonck@bloomberg.net
