Platts changes specifications and name of Industrial Pollutants carbon credit assessment, March 23

Platts, part of S&P Global Energy, has revised the methodology, specifications, and scope of its Industrial Pollutants carbon credit assessment to reflect the value of voluntary carbon credits generated from hydrofluorocarbon (HFC) Reclamation activities, effective March 23, 2026.

Platts proposed this change in a proposal note , published Jan. 26, followed by a decision note pub lished Feb. 19.

These changes align the assessment with observed market liquidity in the Industrial Pollutants segment, which is currently concentrated in HFC Reclamation credits. These projects recover and reprocess high-GWP (Global Warming Potential) HFC refrigerants for reuse, avoiding emissions that would otherwise result from venting or from the production of virgin HFCs.

Eligible projects involve the collection, purification, and reintroduction of reclaimed refrigerants into the supply chain under recognized standards, primarily the American Carbon Registry's (ACR's) Certified Reclaimed HFC Refrigerants, Propellants, and Fire Suppressants methodology . As part of this change, the assessment specifications have been updated to reflect only ACR-certified credits.

The revisions provide greater clarity, transparency, and specificity to the assessment methodology .

Previously, the Platts Industrial Pollutants price assessment reflected voluntary carbon credits generated from a range of project types, including CCUS, Ozone Depleting Substances (ODS) destruction, fugitive emissions management, wastewater treatment, nitric acid abatement, and HFC Reclamation. Effective March 23 , the assessment reflects only HFC Reclamation credits.

Platts may continue to normalize credit values based on factors such as technology type, certification standard, geography, and co-benefits, where relevant, to ensure consistency with published methodology .

To reflect the revised scope, Platts has also changed the name of the assessment, effective March 23 :

Please send any feedback to platts_carbon@spglobal.com and pricegroup@spglobal.com .

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