Dear Friends,
Carbon Market Watch is happy to introduce you to the new online version of our newsletter.
In this issue, we look at a real hot issue in Doha at COP-18 regarding how countries would deal with the 13 billion left over emission permits from the first Kyoto commitment period. Although we did not get full cancellation of the surplus, the Doha outcome was a success. Parties decided that only a part of the huge amount of ‘hot air’ can be used until 2020. A clever amendment made to the Kyoto Protocol will also avoid the build-up of new surplus.On a less positive note, we also look at how Doha left a bitter taste for those hoping for decisions that address the severe quality concerns the CDM is suffering from. Most large scale power supply CDM projects are business-as-usual and therefore undermine the very climate goals the CDM is supposed to achieve. Nevertheless these projects are projected to generate more than half of all credits by 2020. With so many millions of credits from such projects they are set to become the new “HFC-23 challenge” of the future. See more….
Contents
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
If you would like to receive the Carbon Market Watch Newsletter by email, Subscribe here.
Support us
As you will see in reading our newsletter, we are very passionate in our work to empower local communities and strengthen the environmental integrity of carbon markets. However we work on a shoe-string budget and do much of our activities without funding. If you would like to support us with a financial contribution, please donate here. Your donation will help us to continue our work.
