OPEN LETTER: Protect the integrity of the EU ETS; Abstain from using offset credits from HFC-23 and adipic acid projects

Carbon Market Watch and a coalition of environmental organizations call on Austrian Airlines AG to reject industrial gas offset credits, arguing that such credits lack environmental integrity and undermine the EU ETS.

• The authors argue that industrial gas credits, specifically those from HFC-23 and N2O from adipic acid abatement projects, are problematic because they undermine the Montreal Protocol and the EU's international climate goals, lack sustainable development benefits, and are concentrated in emerging economies rather than least developed nations.
• Analysis of registered HFC-23 and N2O from adipic acid projects indicates that many generated offsets do not represent actual emissions reductions, which directly undermines the EU's emissions reduction target.
• A decision endorsed by EU Member States in January 2011 to ban offset credits from HFC-23 and N2O from adipic acid abatement projects from the EU ETS was scheduled to take effect on 1 May 2013.
• The authors contend that airline operators do not require the concession of a postponed ban on these credits because the aviation sector only joined the EU ETS in 2012 and the environmental issues of industrial gas projects have been known for several years.

APA

Carbon Market Watch (2013). OPEN LETTER: Protect the integrity of the EU ETS; Abstain from using offset credits from HFC-23 and adipic acid projects. https://carbonmarketwatch.org/wp-content/uploads/2013/04/Open_Letters-to-arilines_Industrial-Gases_FINAL-Austrian.pdf

Chicago

Carbon Market Watch. OPEN LETTER: Protect the integrity of the EU ETS; Abstain from using offset credits from HFC-23 and adipic acid projects. 2013. https://carbonmarketwatch.org/wp-content/uploads/2013/04/Open_Letters-to-arilines_Industrial-Gases_FINAL-Austrian.pdf.

Wikipedia

{{cite press release |author=Carbon Market Watch |title=OPEN LETTER: Protect the integrity of the EU ETS; Abstain from using offset credits from HFC-23 and adipic acid projects |date=12 April 2013 |url=https://carbonmarketwatch.org/wp-content/uploads/2013/04/Open_Letters-to-arilines_Industrial-Gases_FINAL-Austrian.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{carbonmarketwatch2013open, author = {{Carbon Market Watch}}, title = {{OPEN LETTER: Protect the integrity of the EU ETS; Abstain from using offset credits from HFC-23 and adipic acid projects}}, publisher = {Carbon Market Watch}, year = {2013}, month = apr, url = {https://carbonmarketwatch.org/wp-content/uploads/2013/04/Open_Letters-to-arilines_Industrial-Gases_FINAL-Austrian.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }