(December 12, 2009) The situation on the Macal River in Belize is murky. Downstream from the Chalillo dam owned by Belize Electric, which is in turn owned by St. John’s-based Fortis Inc., the river is filled with silt, turning it the colour of chocolate milk.
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UN has second thoughts about giving carbon credits to China’s wind farms
(December 11, 2009) Recent reports say that a United Nations committee has stopped giving carbon credits to developers of wind energy projects in China, citing concerns that the projects qualified for the credits unfairly. The UN is concerned that the Chinese government lowered its subsidies to wind farms so they would qualify for carbon credits through the UN’s Clean Development Mechanism (CDM).
Canadians funding destruction of Patagonia forests
(December 9, 2009) A recent article in Pique highlights concerns about the involvement of the Canadian-owned company Transelec in a hydro electric project in Chile’s Patagonia region. The project, which plans to build five dams and 2,300 km of transmission lines with a parallel highway that would pass through 14 legally protected natural areas, has been criticized by environmentalists in the country and around the world, as well as business leaders.
Carbon Credit fraud causes more than 5 billion euros damage for European Taxpayer
(December 9, 2009) The European Union (EU) Emission Trading System (ETS) has been the victim of fraudulent traders in the past 18 months. This resulted in losses of approximately 5 billion euros for several national tax revenues. It is estimated that in some countries, up to 90% of the whole market volume was caused by fraudulent activities.
Migrants bear sacrifice for China’s south-north water diversion project
(December 9, 2009) More than 760 residents of Junxian County in the Danjiangkou Reservoir area on Tuesday began new lives 300 km away with uncertainty and hope. They were among 330,000 migrants expected to be relocated by 2014 for the multi-million-dollar project, which is designed to channel water from southern regions, mainly the Yangtze, China’s longest river, to the arid north, including Beijing.
760 farmers relocated for China’s north-south water project
(December 8, 2009) More than 760 residents in central China began to move to their new homes Tuesday, making way for the giant south-to-north water diversion project.
Carbon-Trading Scheme Undermined by Chinese Projects
(December 8, 2009) As the Copenhagen climate conference opens, the existing mechanism for carbon trading is drawing close scrutiny. The Chinese authorities’ misuse of the carbon credit scheme, CDM, has come to the surface, challenging the effectiveness of the global carbon trade in reducing greenhouse gas emissions.
Filmmaker says problems from the Three Gorges dam are here to stay
(December 7, 2009) The social and political environment in the area around the Three Gorges dam remains tense, residents believe that more 50 percent of the resettlement funds were misappropriated by government officials and the problems from the project are not manageable and will plague the area as long as the dam stands, says Shi Ming, producer of the award-winning documentary, “Countdown on the Yangtze”.
CBC’s Rex Murphy on “Climategate”
(Decemebr 7, 2009) CBC’s Rex Murphy weighs in on the controversy surrounding the hacked documents from servers at the University of East Anglia’s Climatic Research Unit (CRU).
Who is cashing in on carbon credits? Probe International unveils its interactive carbon credit database
(December 6, 2009) The global carbon credit market will grow in leaps and bounds if government leaders attending this week’s climate change conference in Copenhagen commit to stiffer reduction targets for CO2 emissions. The value of the carbon market—currently worth as much as $126-billion—may grow to as much as $1.9 trillion by 2020.
Water, the new green worry
(December 6, 2009) China’s woes on water have highlighted a another threat for business to solve.
Breach in the global-warming bunker rattles climate science at the worst time
(December 4, 2009) Leaked e-mails from Britain’s Climatic Research Unit threaten to undermine Copenhagen summit on carbon emissions.
A climate skeptic’s guide to fun and profit
(December 4, 2009) Donald Coxe pitches the most outrageous, politically incorrect investment idea of all: How to profit from global cooling
Beijing to hike water price to fight shortage: report
(December 2, 2009) Probe International, a leading development policy group, said in June last year that China’s capital could run out of water in five to 10 years, a situation that could lead to economic collapse.
Standing with the skeptics
(December 2, 2009) The correspondence I have received on Climategate — the leak two weeks ago of emails and computer files from Britain’s Climate Research Unit (CRU) that show global warming to be grossly misrepresented, if not an out-and-out fraud — can essentially be sorted into two categories: “Why isn’t this a bigger story?” or “Why does this matter?”
Patricia Adams
Dai Qing
Fan Xiao
Lawrence Solomon
Mu Lan
Probe International
Lisa Peryman
Probe Media
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Probe International 