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 NGOs urge Finnair to avoid using industrial gas offset credits (HFC-23 and N2O from adipic acid) for EU ETS compliance, arguing that such credits lack environmental integrity and undermine climate objectives.

• The authors argue that industrial gas credits are problematic because they lack sustainable development benefits, are concentrated in emerging economies rather than least developed nations, and undermine both the EU's international climate objectives and the Montreal Protocol.
• 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 emissions reduction target of the EU.
• 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, as the aviation sector only joined the EU ETS in 2012 and the environmental issues of industrial gas projects have been known for 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-Finnair.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-Finnair.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-Finnair.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-Finnair.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }