C.M. Burns C.M. Burns:
$1:
Leading academics and watchdog groups allege that the UN's main offset fund is being routinely abused by chemical, wind, gas and hydro companies who are claiming emission reduction credits for projects that should not qualify.
Let's put the blame where it belongs - on the thieving corporations.
Yup. It's always those greedy western companies?
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The Stanford paper, by Victor and his colleague Michael Wara, found that nearly every new hydro, wind and natural gas-fired plant expected to be built in China in the next four years is applying for CDM credits, even though it is Chinese policy to encourage these industries
This is proof that the Kyoto Accord is simply taking money from western countries to build Chinese inferstructure. Why would we help possibly the second strongest economy to build their projects.
This is a scam.