Amid preparations for the United Nations Framework Convention on Climate Change (UNFCCC) climate talks in Bonn this week, the Montreal Protocol quietly announced a decision to fund China’s phase-out of hydrochlorofluorocarbons (HCFCs), a move which will keep eight billion tonnes of greenhouse gases out of the atmosphere. To put that into perspective, eight billion [...]
Montreal, Canada: Faced with a funding shortfall for eliminating ozone-depleting substances (ODS), the Montreal Protocol is preparing to spend hundreds of millions of dollars to phase in hydrofluorocarbons (HFCs) – even though these substances could sabotage international efforts to halt global warming. Despite its reputation as the most successful environmental accord in history, the Montreal [...]
Carbon credit value means greenhouse gas is made just for destruction THE London-based Environmental Investigation Agency is today calling on 10 major UK businesses to lead the way and take a credible stand against greenhouse gas emissions by ceasing to trade in deeply flawed HFC-23 carbon credits. HFC-23 is a potent greenhouse gas which [...]