Kuala Lumpur. Despite warnings by a United Nations panel of technical experts that coal projects could lead to hundreds of millions of artificial carbon credits under the Clean Development Mechanisms (CDM) the CDM Executive Board members refused today to follow the UN panel´s recommendation
Washington D.C. As an United Nations panel of technical experts prepares to deliberate on the suspension of coal projects that, if approved, could lead to hundreds of millions of artificial carbon credits under the Clean Development Mechanisms (CDM), the CDM Executive Board registers another
Brussels. This week the United Nation’s Clean Development Mechanism Executive Board will decide whether to register a controversial carbon offsetting project in Honduras linked to serious human rights abuses. The project has triggered questions on whether credits from carbon offsetting projects that violate human
Marrakesh, Morocco. In a note published yesterday, a UN panel of technical experts called to immediately suspend coal projects under the Clean Development Mechanisms (CDM) after an analysis revealed that current rules could lead to millions of artificial carbon credits. The CDM Executive Board
Brussels.Following commitments by numerous EU Member States to extend the recent ban on the use of credits from industrial gas projects in the EU Emissions Trading Scheme (EU ETS) to sectors not covered by the ETS, pressure is mounting on the remaining EU countries
Brussels. CDM Watch calls on the United Nations´ CDM Executive Board to reject the proposed new rules for calculating emission reductions from industrial gas projects because they undermine the Montreal Protocol and risk carbon leakage.
Brussels. Today, 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 was formally approved. Environmental groups are now calling on EU Member States to extend the ban to sectors not
Brussels.The United Nation’s Clean Development Mechanism Executive Board has so far failed to respond to human rights abuses linked to a carbon offsetting project in Honduras that is currently pending registration. Environmental and Human Rights Groups are now demanding that the project be rejected
Brussels. A new study published today finds that CDM Electricity Projects (e.g. wind farms and hydro dams) in China and India calculate carbon credits based on inflated grid emission factors. This will result in the issuance of an estimated 11 million carbon credits which
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