Extreme cold temperatures cause death of 133 children under the age of five | Peruvian Times

Climate change continues to wreck havoc in Peru’s southern Altiplano, where the arrival of freezing temperatures since March — almost three months earlier than usual — have killed more than 133 children.

Carbon trading's inconvenient truth: San Francisco Chronicle

Projects that earn credits must document that they would not be feasible without the income from selling the credits. Further, to quantify how many credits a project is allowed to sell, evaluators must determine how much greenhouse gas would have been emitted if the project were not built. One English journalist described offset credits as "an imaginary commodity created by deducting what you hope happens from what you guess would have happened."

This dependence on guesswork makes it easy for developers and consultants to scam the CDM. As a result, all sorts of projects with dubious claims to climate-friendly attributes have been approved. David Victor, director of Stanford's Energy and Sustainable Development Program, believes that up to two-thirds of these offsets do not represent genuine emission cuts.