Firms Turn CDM into Corrupt Dishonest Machination — The Guardian

By Ross Gelbspan

onJun 2, 2007 @ 07:19 PDT

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incompetence, rule-breaking and possible fraud by companies in the developing world, according to UN paperwork, an unpublished expert report and alarming feedback from projects on the ground.

By Ross Gelbspan

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