What is significant about the 2018 quota reduction?

Although there was a small step reduction in 2016, the 2018 reduction is a major step which will need the market to reduce the amount of CO2 Eq Tonnes that it places on the market by 32% in 2018 compared to 2017. This will put great pressure on the price and availability of  high GWP refrigerant such as R404A. See other pages on our website for more information.