A new study commissioned by CDM Watch and published today (15 February) reveals that electricity-related projects implemented in China and India under the UNFCCC Clean Development Mechanism (CDM) are over-credited due to inflated grid emissions factors. This over-crediting is estimated at 11 million credits
In addition to the evidence that was filed in March 2010 related to the gaming of the CDM by unscrupulous plant operators, CDM Watch has submitted a request to clarify current crediting rules for HFC-23 abatement projects. This new submission AM_CLA_0191 seeks to clarify
One of the most important agenda items at this week´s Board meeting is the CDM business and management plan that should lay out priorities for the years 2011-2012. The impact of the priorities that will be agreed here will be enormous because they will
21 January 2011, Brussels, Belgium. EU Member State representatives today adopted the European Commission’s draft Regulation banning the use of credits from industrial gas projects in the EU Emissions Trading Scheme (EU ETS) post-2012.
Cancún, Mexico. An open letter sent by a broad coalition of green groups including Greenpeace and WWF to the COP Presidency today calls to rescind millions of fake HFC-23 CDM credits. Environmentalists claim that the issuance of those credits has put a black mark
Cancún, Mexico/London, United Kingdom. China has responded to efforts to ban credits from industrial gas projects in the European carbon market by threatening to release huge amounts of potent industrial chemicals unless developed nations pay what amounts to a climate ransom.
Cancun, Mexico. Climate Campaigners welcomed yesterday’s decision by the United Nations’ CDM Executive Board to suspend the crediting methodology for HFC-23 projects because it could lead to over-issuance of carbon credits. Revised rules will be presented in June 2011 but retro-active changes were not
Cancún, Mexico/London, United Kingdom. The European Commission today published its much-anticipated proposal on quality restrictions on the use of offsetting credits from industrial gas projects in the EU Emissions Trading Scheme. The proposal comes in the wake of a series of scandals surrounding fake
A new report in the German magazine GEO points once more at the problems of CDM hydro dam projects. Hydro Dam Power Projects have long been criticized because of their impacts on local inhabitants who might be forced or coerced to relocate and because
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