Brussels. Today, the European Commission’s draft Regulation banning the use of credits from industrial gas projects in the EU Emissions Trading Scheme (EU ETS) post-2012 was formally approved. Environmental groups are now calling on EU Member States to extend the ban to sectors not covered by the EU ETS.
Brussels.The United Nation’s Clean Development Mechanism Executive Board has so far failed to respond to human rights abuses linked to a carbon offsetting project in Honduras that is currently pending registration. Environmental and Human Rights Groups are now demanding that the project be rejected from receiving funding under the offsetting scheme.
Guest comment by Finnigan Wa Simbeye, Tanzania Daily News So far, CDM biogas projects have been praised as the most sustainable projects implemented under the CDM. However, a recent eye witness report from a much touted biogas in Tanzania’s commercial capital Dar es Salaam tells a different story. Carbon Credits from an Abandoned Dumpsite The …
Two months on from our first report[1] about the Aguan biogas project[2] in Honduras which is currently seeking registration under the CDM, human rights violations continue. See a video documentary (9.45 minutes) of March 2011 giving a good but shocking overview about how the current situation in Honduras is linked to the protests in the …
Brussels. A new study published today finds that CDM Electricity Projects (e.g. wind farms and hydro dams) in China and India calculate carbon credits based on inflated grid emission factors. This will result in the issuance of an estimated 11 million carbon credits which do not represent real emissions reductions by 2012.
The UN Climate Change Conference in Cancun added a new dimension to the CDM: Carbon capture and storage technologies in geological formations shall now be allowed to qualify under the CDM. This decision has been hailed as a victory by oil companies across the world, which could not believe their luck. Enhanced Oil Recovery (EOR) …
21 January 2011, Brussels, Belgium. EU Member State representatives today adopted the European Commission’s draft Regulation banning the use of credits from industrial gas projects in the EU Emissions Trading Scheme (EU ETS) post-2012.
Cancún, Mexico/London, United Kingdom. China has responded to efforts to ban credits from industrial gas projects in the European carbon market by threatening to release huge amounts of potent industrial chemicals unless developed nations pay what amounts to a climate ransom.
Cancun, Mexico. Climate Campaigners welcomed yesterday’s decision by the United Nations’ CDM Executive Board to suspend the crediting methodology for HFC-23 projects because it could lead to over-issuance of carbon credits. Revised rules will be presented in June 2011 but retro-active changes were not ruled out. CDM Watch called a separate decision to issue almost 20 million carbon credits to HFC-23 projects incoherent.
Stay in touch and receive our monthly newsletter, campaign updates, event invites and more.
