CDM Watch submission to the European Commission on design aspects of quality restrictions on the use of credits from industrial gas projects

Brussels. The European Commission is working on a proposal to introduce quality restrictions on industrial gas offsets in the EU ETS. On 25 of October, CDM Watch made a submission to the Commission comprising the following documents: CDM Watch Submission to the European Commission – October 2010 AM0001 Revision Request: Revision to AM0001 to address methodological …

Press Release: UN Delays Action on Carbon Market Scandal

A coalition of environmental NGOs warned today that the UN CDM Executive Board is avoiding immediate and necessary action to address scandalous gaming of the Kyoto Protocol’s Clean Development Mechanism because of conflicts of interest in the Board. A report due for release this evening regarding the controversial HFC-23 projects will reflect the insistence by Japanese, Chinese and Indian Board members to allow the continuation of the flawed methodology.

Who has a conflict of interest in the HFC-23 case? (Newsletter #9)

In cases where substantial economist interest is at stake, such as in the upcoming discussions on the HFC-23 revision request, Board members face pressure under the current CDM rules. The 19 registered HFC-23 destruction projects are expected to generate about 478 million CERs by 2012 and more than one billion CERs by 2020. These projects …

New Sandbag Report on International Offsets and the EU 2009

SANDBAG has published its newest report on offsets in the EU: International Offsets and the EU 2009: an update on the usage of compliance offsets in the EU Emissions Trading Scheme – by Rob Elsworth and Bryony Worthington The report is based on a consolidated database of information about the use of certified emissions reductions …

Briefing Paper: HFC-23 Offsets in the Context of the EU Emissions Trading Scheme

European countries are the major market for carbon credits associated with HFC-23 (trifluoromethane) destruction projects under the UNFCCC’s Clean Development Mechanism (CDM). The EU linking Directive allows Certified Emission Reductions (CERs) from the CDM to be traded in the EU Emissions Trading Scheme (ETS). It claims that the “environmental integrity” of the ETS will be …

NGOs and the Clean Development Mechanism – constraints and opportunities in the discourse of EU consultations

When creating the Clean Development Mechanism (CDM), the Kyoto Protocol described three main aims: meeting greenhouse gas reduction targets, sustainable development, and providing emissions cuts for the lowest cost. This study argues that these three aims represent powerful discourses, justifying the European Union’s continued reliance on offset credits from the CDM. Furthermore, when advising policy-makers, …