Tuesday, December 09, 2008

Memo to Marc: No, we can't

Carbon Trade In U.N. Climate Spotlight - Economy - Javno
U.N. officials accept that some projects have not avoided emissions, for example, a hydropower plant that claims offsets even though it was profitable and would have been built anyway.

Carbon traders want broader rules which will allow more projects, by judging these more simply against the carbon emissions of rival energy sources in a particular region, including high-carbon coal.

"Can we just look at this as 'yes, we as a society realise that wind is good for fighting global warming'," said Marc Stuart, co-founder of UK-based project developer EcoSecurities.

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