Posts Tagged ‘CDM’

China blocks allegations

China just said at the CMP-Meeting that it is not agreeing with the finding of the CDM Executive Board (EB) on taking back some CDM-Windprojects in China. The initial Critique came up by groups like CDM-Watch that China was lowering subsidies for Windprojects which are enabled under the CDM. They would then not be “additional” [...]

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CAN comments of first five days in Bonn

Here a few-sentences summary of the CAN-Newsletter for each of the first days.
Monday: The Land-use, Land-use changes and forestry (LULUCF) issues could come into a new agreement with a very “flexible” mechanism, allwoing countries to make their own “base-line”. This means countries themselves say how much they can safe by taking a low baseline [...]

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Dangerouse Distraction

Hello Friends of the Earth International (foe) has published a report on the CDM (Clean development Mechanism) called “A dangerous distraction – Why offsetting is failing the climate and people: the evidence”
I still ahve to read it, donload it here.

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The profit in the Kyoto Protocoll.

The Indian Newspaper MAIL reported on its Online portal about the negative aspects of CDM giving local examples, read the full article The great carbon credit con: Why are we paying the Third World to poison its environment?.
I especially found the Graphic interesting.

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UNFCCC: Submissions by Parties coming in for AWG-LCA

One after another do the submissions from States to the 6th session of the Ad-hoc Working-Group on Long-term Cooperative Action (AWG-LCA 6) in Bonn come online. I just printed out some and will read it soon.
Here a Mail from Oscar with the first thoughts on it.

——– Original Message ——–
Subject: [climate09-int] latest copenhagen negotiating [...]

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Inside the box: buy that crap!

Ok folks, the price for carbon is DOWN. I mean, it has slumped the same way it did last year. While it a ton of CO2 was at €20 in summer’08, it’s now around €10. (let’s see if it hits the €1 again!)
The value of the market has dropped from €92bn last year to €63bn [...]

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US Government admits problems in Carbon Trading

This just came in via Larry and basically says, that the United States Government Accountability Office sees the ‘Baseline-Problem’, the sense in ‘Offsetting’ when wanting real mitigation, and the CDM-Scheme in general.
The US General Accounting Office (GAO) says (5 March 2009) that:
“… inherent uncertainty exists in measuring emissions reductions relative to such a baseline … [...]

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