EU May Ban Some UN Offsets to Stop `Windfall' Profits - Bloomberg

The acceptance of credits from industrial-gas projects has been controversial for some time,” the commission said in a statement in Brussels today. “Certain gases have a very high global-warming potential, and abatement is very cheap. This can create huge financial rewards for project developers.”
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The EU emissions-trading program is a cornerstone of European efforts to tackle the heat waves, storms and floods tied to climate change.