Canada Launches New Offset Credit System Protocol

Canada’s Minister of Environment and Climate Change has announced a new protocol called the Reducing Greenhouse Gas Emissions from Refrigeration Systems that is able to generate offset credits under Canada’s Federal Greenhouse Gas Offset Credit System. Basically, the refrigeration system protocol incentivizes businesses to upgrade their air conditioning and refrigeration (AC&R) systems to ones that use refrigerants with lower global warming potential (GWP) by offering them offset credits for these projects.