The UN carbon market body has approved a new methodology to target nitrous oxide emissions from industrial processes. This move aims to provide a standardized framework for quantifying and verifying N2O reductions, allowing industrial players to generate high quality carbon credits.
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Standardizing N2O is a necessary step. The problem with industrial gases is usually the lack of consistent baselines. If the UN can lock in a rigid accounting method, it reduces the risk of over crediting.
True, but the actual tech to scrub N2O in old plants is expensive. Credits help, but I want to see the actual payback periods for the hardware. Policy is great, but the CAPEX is where these projects usually die.
Basically, the UN just gave industrial emitters a clearer path to monetize N2O cuts. It is a win for market liquidity, though we need to see who actually uses the methodology first.
