EU limits quotas for powerful greenhouse gas

The European Commission has allocated reduced quotas for the import and production of hydrofluorocarbons (HFCs). HFCs can be found in refrigeration, air conditioning, foams and aerosols and are said to […]

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By Priyanka Shrestha

The European Commission has allocated reduced quotas for the import and production of hydrofluorocarbons (HFCs).

HFCs can be found in refrigeration, air conditioning, foams and aerosols and are said to be thousands of times more powerful than carbon dioxide warming the planet.

The Commission has limited the sale of the greenhouse gas for 2018 – 63% of that allocated in 2015.

The EU regulation for fluorinated gases (F-gases) requires a gradual phase down of HFCs, with the aim of no more than 21% of 2015 sales by 2030.

Quotas are allocated based on a company-specific reference value or an annual declaration of anticipated needs from a quota reserve.

Those wishing to apply for import and production of bulk HFCs from this reserve have to make a declaration for the subsequent year in the HFC Registry.

An agreement by more than 150 nations to reduce HFCs by 85% between 2019 and 2036 was agreed last year.