Reuters: Verified Carbon Standards (VCS), the world's leading voluntary program to reduce greenhouse gas emissions, said its rules for carbon offset projects will no longer allow projects that destroy potent greenhouse gas HFC-23 to earn carbon credits, betting that international efforts to regulate the gases will be successful.
The refrigerant industry introduced HFCs, or hydrofluorocarbons, to replace CFCs, or chlorofluorocarbons, which were banned because they damaged the Ozone Layer that protects the...