Posted by admin on 06 30th, 2010 | no responses

More Fraud Within the Clean Development Mechanism

A consortium of North American and European activists have demanded sweeping changes to the Clean Development Mechanism (CDM) after charging that up to one-third of all CERs ever sold may have been illegitimate. The groups are demanding an investigation to determine whether a number of coolant firms have manipulated the marketplace since 2005 by deliberately increasing their greenhouse gas emissions in order to obtain offsets by reducing them to normal levels.

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More Fraud Within the Clean Development Mechanism

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