On February 24th the Government of Canada made an announcement regarding carbon offset systems and refrigerants. The policy is designed to reduce emissions and build a resilient economy and a cleaner future.
The Honourable Steven Guilbeault, Minister of Environment and Climate Change announced that a second project type will be eligible to generate offset credits under Canada’s Greenhouse Gas Offset Credit System. The Government of Canada added that he new protocol, Reducing Greenhouse Gas Emissions from Refrigeration Systems, encourages businesses to upgrade their refrigeration and air-conditioning systems to ones that use refrigerants with lower global warming potentials by rewarding them with offset credits that they can sell to generate revenue.
The new protocol builds on the existing program published in June 2022 for Landfill Methane Recovery and Destruction, which supports projects that actively recover and destroy landfill gas.
For more information on Canada’s Greenhouse Gas Offset Credit System, eligible activities, and how to submit an application to register an offset project, please visit Canada.ca.
