Comments on: Does CDM Carbon Trading Scheme Encourage Profiteering if not outright Fraud

By: Curtains Fall on only US Carbon Trading Chicago Climate Exchange on Republican Asendancy « Green World Investor

Thu, 18 Nov 2010 05:35:46 +0000

[...] allow trading of Carbon Emission Credits has been shut down by its owner ICE.While I am no fan of Carbon Emissions Cap and Trade Policy as it gives rise to Frauds and Misplaced Incentives,the mechanism is one of the popular subsidy tools in combating Global [...]

By: After Wind Farms,United Nations Axe falls on Carbon Credits from HFC plants in China | Green World Investor

Mon, 23 Aug 2010 06:17:35 +0000

[...] a majority of these projects.Note the CDM mechanism allows the trading of CERs which recently saw a huge fraud by investment banks in Europe.This had led to calls of this expensive and wasteful scheme to be shut down.The CDM panel [...]

By: Poor Island Nations Most Vulnerable to Climate Change highlight Rich Nations Duplicity | Green World Investor

Thu, 05 Aug 2010 13:25:24 +0000

[...] to an economic downturn leading to a large quota of unused carbon credits.This has led to a massive billion dollar windfall for steelmaker Arcelor Mittal highlighting the serious deficiencies in the cap and trade scheme.Note USA is not a [...]