A Guardian investigation has found evidence of serious irregularities at the heart of the process the world is relying on to control global warming.However, there's an inconvenient truth that the al-Guardian doesn't mention: which Americans are profiting from the carbon credit scheme.
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incompetence, rule-breaking and possible fraud by companies in the developing world, according to UN paperwork, an unpublished expert report and alarming feedback from projects on the ground.
Saturday, June 02, 2007
Abuse and Incompetence Reign Supreme
This comes as no great surprise.
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