Firms Turn CDM into Corrupt Dishonest Machination — The Guardian

on

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incompetence, rule-breaking and possible fraud by companies in the developing world, according to UN paperwork, an unpublished expert report and alarming feedback from projects on the ground. 

Related Posts

on
Critics say the firm’s deployment of unproven carbon capture technology risks contributing to a gas-powered AI boom.
on
The former Hungarian PM’s “propaganda machine” has returned with “a new look”, says Greens MEP Daniel Freund.
on
Ben Delo and Christopher Harborne aren’t the party’s only big money backers.
Analysis
on
Financiers with short-term incentives can profit big even if the west coast pipeline pushed by Mark Carney and Alberta costs taxpayers billions.