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Divisive HFC carbon-cut plants gain W.Bank support

LONDON (Reuters) - The World Bank has voiced support for chemical plants that destroy a potent greenhouse gas called HFC-23, which green groups have accused of increasing production to get extra carbon offsets worth millions of dollars.

LONDON (Reuters) - The World Bank has voiced support for chemical plants that destroy a potent greenhouse gas called HFC-23, which green groups have accused of increasing production to get extra carbon offsets worth millions of dollars.

Approved under the Kyoto Protocol's $2.7 billion Clean Development Mechanism (CDM) scheme, the 19 plants, mainly in China and India, receive offsets from the UN for incinerating a refrigerant waste gas called hydrofluorocarbon-23.

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