The Clean Development Mechanism (CDM), which is supposed to offset greenhouse gases emitted in the developed world by selling carbon credits from elsewhere, has been contaminated by gross incompetence, rule-breaking and possible fraud by companies in the developing world, according to UN paperwork, an unpublished expert report and alarming feedback from projects on the ground.ย
The Labour peer called for new coal power in the Global Warming Policy Foundationโs annual lecture.
Blunt communication is our firewall.
The programme is โyet another bung to industrial productionโ, experts say.
Critics say new LNG ventures in British Columbia saddle Indigenous communities with debt, opaque ownership structures, and financial risk that could leave them owing billions.
