Germany Rejects Several Chinese Emission Reductions Projects

The investigation showed that eight projects, with carbon credits totaling 215,000 tons of CO2, did not meet the standards for certification.
September 13, 2024

After identifying many irregularities, the German Environment Agency (UBA) has denied certificate approvals for eight Upstream Emission Reductions (UER) projects in China.

UBA President Dirk Messner clarified that following this decision, no new UER certificates from these projects will be released onto the market, something he considers as good news.

The investigation conducted by the German agency showed that eight projects, with carbon credits totaling an amount of 215,000 tons of carbon dioxide (CO2), did not meet the necessary standards for certification.

Following the EU’s introduction of the Fuel Quality Directive (FQD), which obliges fuel suppliers in Europe to reduce the greenhouse gas emissions of fuels used in transportation, UER projects became a valuable option through which companies from the fuel industry can purchase UER certificates and adhere to the rules of the new directive.

[...]

Read the full post at Carbon Herald.

a very tall metal structure with a clock on it's side
Previous Story

UK blocks approval of first coal mine in 30 years

Next Story

The Hague to ban fossil fuel ads