Carbon-Credits System Tarnished by WikiLeaks Revelation

Posted by Scientific American: Quirin Schiermeier on September 28th, 2011
Scientific American: As the world gears up for the next round of United Nations climate-change negotiations in Durban, South Africa, in November, evidence has emerged that a cornerstone of the existing global climate agreement, the international greenhouse-gas emissions-trading system, is seriously flawed. Critics have long questioned the usefulness of the Clean Development Mechanism (CDM), which was established under the Kyoto Protocol. It allows rich countries to offset some of their carbon emissions by investing......

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