Tag: Carbon Credits

Set for failure: As money for carbon-reducing forestry programs increases, so too does fraud and corruption

(June 10, 2010) As rich countries continue with plans to pour money into forestry programs in the developing world as a way to combat climate change they should heed warnings that the programs will fail to reduce carbon emissions, strip local citizens of their ownership rights, and be ridden with fraud and corruption.

Hot wind in the desert

(May 13, 2010) The Chinese county of Guazhou, in north-western China, is famous for its honey melons. But it also produces wind. It blows in from the east through the high, narrow valley formed by the Qilian and Beishan mountains, on the southern edge of the Gansu Corridor.

Coming soon to a carbon market near you: regulation and corruption

(April 27, 2010) When regulators created Europe’s carbon market, it appears that regulating it wasn’t at the top of their agenda. But now, after several scandals have helped to bring the carbon market to a standstill and highlight its susceptibility to fraud, one of the carbon market’s biggest players – Barclays Capital – says it’s time for better regulation.