Board fails to address carbon leakage from adipic acid projects (Newsletter #3)

by CMWGlobal marketsPosted on Comments are Disabled

In a bold move, the CDM Executive Board overruled at its last meeting the recommendation by the Meth Panel on how „existing capacity“ should be interpreted for projects that reduce N2O emissions from adipic acid production. This decision will result in continued issuance of CERs that do not present real emission reductions, given the significant …

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Hydro Power in India – a grotesque business

by CMWGlobal marketsPosted on No Comments

This week I attended a meeting on the “Mullaperiyar water conflict” between Tamil Nadu and Kerala, organised by The Forum for Policy Dialogue on Water Conflicts in India. The conflict leads back to a lease agreement signed in 1886 on perhaps the first formal inter-state, inter-basin water sharing transfer in India – leading to the …

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Clean Development? – How Luxembourg is reducing its greenhouse gas emissions abroad

by CMWGlobal marketsPosted on Comments are Disabled

download pdf file Clean Development? – How Luxembourg is reducing its greenhouse gas emissions abroad by Dietmar Mirkes The study, prepared by Action Solidarité Tiers Monde (ASTM) focuses on climate policy in Luxembourg on the occasion of national and European elections in June 2009, but it also serves as a case study for how EU …

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Revision of HFC-23 methodology – still no reaction from the EB (Newsletter #2)

by CMWGlobal marketsPosted on Comments are Disabled

HFC-23 is an unwanted by-product in the production of HCFC-22, a refrigerant and temporary substitute to CFCs. The HFC-23 has a Global Warming Potential 11’700 times higher than CO2. Its destruction in HCFC-22 plants in developing countries can be registered as a CDM project and leads to the issuance of a large amount of credits. …

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Projects under consideration that should NOT qualify for registration or issuance of CERs (Newsletter #2)

by CMWGlobal markets, Sustainable developmentPosted on Comments are Disabled

It has been reported to CDM Watch that there will be couple of projects on the table that do not reduce emissions relative to alternate scenarios and in some cases even relative to the status quo. Moreover, these projects under question would not even contribute to sustainable development. Instead they reduce employment and create environmental …

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Key items unaddressed in new methodology for biomass plantations on land areas (Newsletter #2)

by CMWGlobal markets, Land use and forestry, Sustainable developmentPosted on Comments are Disabled

At the next EB meeting, the Board will consider approving the new methodology NM0278 for the “Use of Charcoal from Renewable Biomass Plantations as Reducing Agent in Pig Iron Mill in Brazil”. This methodology would allow the establishment of new biomass plantations on the following land areas: (i)            Grasslands (ii)           Forest plantation after its last …

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Carbon leakage caused by adipic acid projects (Newsletter #2)

by CMWGlobal marketsPosted on Comments are Disabled

In total, four projects that reduce N2O from adipic acid production are currently registered in China, South Korea and Brazil. While this technology has become business as usual and integral part of most adipic acid plants in almost all countries, the CDM is generating lucrative business which has resulted in a production shift from Annex …

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