NAMI News
The latest trinational news.Thursday, August 07, 2008
U.N. to tighten rules on earning carbon offsets.
ENN, August 6, 2008 - “The U.N.’s climate change agency on Wednesday proposed to make it more difficult for speculators to earn carbon offsets from emissions-cutting projects which were already profitable. Under the U.N.-run Kyoto Protocol, industrialized nations can meet limits on their output of planet-warming gases such as carbon dioxide by funding emissions cuts in the developing world in a scheme called the Clean Development Mechanism (CDM).” Read more.
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