What we learnt: HFC-23
Gujarat Fluororochemicals limited (GFL) near Godhra sold 3 million certified carbon reduction (CER) units each year.
Bought by Netherlands government assisted by Rabobank. Other players: Ineos Fluor: technology supplier (British government endorsement) and Sumitomo Corporation; plant maintenance (Japan government).
SRF Fluorochemicals next in line. Project to be cleared by CDM board. Expected sale of 3.8 million CERs each year. Sold to Shell Trading Group+KFW Germany+EDF trading UK