Industrial N2O Projects Under the CDM: The Case of Nitric Acid Production
SEI Working Paper WP-US-1007Author(s): Kollmuss, A. ; Lazarus, M.
This paper evaluates nitric acid projects under the CDM and considers whether they may pose a risk to environmental integrity. The paper finds that the CDM successfully fostered abatement in this sector which previously had not engaged in abatement practices. It further finds that carbon leakage is unlikely for this project type and that there is no evidence that would indicate widespread gaming in order to maximize emissions reductions. The conclusions provide recommendations on how the current nitric acid methodologies could be improved and simplified through the use of a common benchmarking approach.
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