Monday, November 08, 2010

Gore lied, capitalism died?: Because of fraudsters like Michael Mann, should the UN decree that global capital be blown on "financially unattractive or unfeasible" projects?

Port Strategy - Carbon control
To prove this “additionality”, a proposed CDM project must satisfy a “financial” or “barrier” analysis. The financial analysis requires that the CDM project be financially unattractive or unfeasible without the added economic value generated by the issuance of CERs. For example, a clean energy project requiring substantial investment might lack the financial criteria to attract investors without the carbon finance associated with CDM.

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