The EU F-Gas quota system is a regulatory framework aimed at reducing the use and emissions of fluorinated greenhouse gases (F-Gases) within the European Union.
This framework establishes annual quotas for the production and import of bulk F-Gases, which are potent contributors to climate change. The system enforces a gradual phase-down of these gases, by decreasing the total allocated volume of import quota every three years.
Companies under the confines of this legislation can benefit from AFS Cooling's large network across Europe to manage their importing needs.
Several compelling reasons exist for companies to purchase incumbent quotas. First, these quotas can be essential for businesses with existing equipment that uses high-GWP refrigerants. Retrofitting or replacing such equipment can be costly and disruptive. Incumbent quotas enable these companies to continue operating their current infrastructure legally, postponing the need for significant capital investments.
Furthermore, incumbent quotas provide businesses with valuable time to plan and implement a transition to lower-GWP alternatives strategically. This can help them avoid rushed decisions and ensure the selection of the most suitable and cost-effective replacement technologies. For businesses that operate in sectors where high-GWP refrigerants are challenging to substitute, incumbent quotas provide a lifeline, allowing them to continue their operations while exploring innovative solutions for the future.
Companies that secure incumbent quotas also gain a competitive advantage by demonstrating their commitment to responsible environmental stewardship and compliance with regulations, which can enhance their reputation and appeal to environmentally conscious customers and partners.