Published: August 8, 2012
Subsidies for a Global Warming Gas
More than 40 percent of all carbon credits issued by the United Nations have been awarded to 19 plants for destroying HFC-23, a gaseous byproduct of a coolant that causes global warming and is used in air-conditioners.
OTHER
HFC-23
CARBON CREDITS ISSUED
(Certified Emission Reductions)
Plant locations
Argentina
Mexico
New
Delhi
Buenos
Aires
Beijing
South
Korea
India
China
’10
’08
100
200
300 million
’06
11
5
1
1
1
PLANTS
CARBON credits issued FOR HFC-23 BY COUNTRY
COUNTRY
China
India
South Korea
Mexico
Argentina
300,452
87,764
11,090
10,360
4,759
*Through June 1.
’12*