There's No Accounting for Carbon-Credit Scammers

onMar 31, 2010 @ 07:31 PDT

The UN’s carbon offsetting scheme has become mired in yet more controversy after the panel overseeing the initiative suspended its third auditor in 15 months. The board of the Clean Development Mechanism (CDM) last week suspended Germany’s TUEV SUED and also partially suspended Korea Energy Management Corporation, after spot checks undertaken at their offices revealed procedural breaches. Both firms are recognised by the UN as so-called designated operational entities (DOEs) and provide official verification of emission reduction claims made by projects operating within the CDM. Emission reduction projects have to gain approval from DOEs before they can sell carbon credits under the scheme, making their auditing and verification role essential to the credibility of the scheme.

By Ross Gelbspan

Somalia’s Parliament and Public Are Questioning the President’s Shadowy Oil Deal With Turkey

ByOscar Rothstein

on Nov 10, 2026 @ 20:00 MST

Some MPs say the arrangement — which gives Turkish Petroleum 95% of revenues on estimated 20 billion barrels of oil — is "illegitimate".

UN Fails to Disclose Company Names on Biodiversity Summit Delegates List

ByRachel Sherrington, Clare Carlile and Brigitte Wear

on Nov 10, 2026 @ 09:39 MST

Hundreds of representatives from the world’s most powerful industry bodies representing sectors that harm, or exploit, the natural world were present on the ground at the October nature summit in ...

Series: Big Ag's Climate Push

French Oil Giant Backs Dozens of Lobby Groups Fighting New Methane Rules Around the World

ByCécile Marchand and TJ Jordan

on Nov 10, 2026 @ 04:07 MST

TotalEnergies has won plaudits for voluntary steps to tackle the planet-heating gas. So why does it fund moves to delay, dilute or dismantle regulation?