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
CDM Watch organized a 2-day CDM Workshop for NGOs, Activists and Citizens in Brazil’s capital Brasilia on 26 and 27 October. The steadily rising number of CDM projects in Brazil is observed with growing concern. The projects’ poor environmental integrity and lack of transparency
At this week’s Board meeting, members will discuss two projects that are applying for carbon credits for building new coal-fired power stations[1]. One of these is the largest of all coal power plants currently in the CDM pipeline: With its 4000 MW capacity, the
Another large natural gas power project[1] in China (capacity: 1170MW) has applied for eligibility as a CDM project. However, it is currently under review because its additionality and baseline claims are highly questionable: The project seems to have been planned well before the project
At the last CDM Executive Board (EB) meeting in October 2010, the EB discussed a proposal to make CDM auditors (DOEs) which originally approved the project liable for excess carbon offsets from approved projects[1]. The EB did not make a final decision on the
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