How carbon trading undermines the Montreal Protocol on Substances that Deplete the Ozone Layer
The Montreal Protocol on Substances that Deplete the Ozone Layer has a uniquely successful legacy. For almost four decades, the treaty has been instrumental in protecting the ozone layer and combating climate change, securing the successive phaseout of more than 99 per cent of the production of controlled ozone-depleting substances (ODS).
The Montreal Protocol has numerous opportunities to resolve the challenge of ODS and HFC banks and to help ensure the safe management and destruction of refrigerant gases at the end of their lifetimes.