(August 4, 2011) In its quest to promote green energy and reduce the world’s carbon footprint, the United Nations has so distorted the economics of power production that it is set to subsidize over three dozen coal plants in India with some $5.3 billion in “carbon credits.”
While many believe that nuclear is the most dangerous source of electricity, the designation actually belongs to major hydroelectric dams.
(March 28, 2011) A new study warns that plans to raise the Danjiangkou Dam could lead to earthquakes of greater than 4.0 on the Richter Scale. Experts say the dam triggered an earthquake of M 4.7 in 1973.
(March 22, 2011) Rachel Beitarie of Circle of Blue writes about the human costs of widespread megadam building in China.
(March 8, 2011) Vietnam News features statements from several experts on how the proposed damming of the Mekong River would destroy the region’s ecology, and harm tens of thousands of people.
(March 8, 2011) In an apparent contradiction of national policy, General Secretary of Yunnan’s provincial Communist Party claims that the Nu River will not be dammed without further research. Is a schism emerging between the provincial and Central Party officials over the controversial dams?
(February 26, 2011) Bloomberg reports that construction of the $11 billion Belo Monte dam in Brazil has been halted by a Federal court decision, citing violation of 29 separate environmental regulations.
(February 10, 2011) Meng Si of China Dialogue wrote in today’s Guardian that damming the Nu River in an attempt to reduce emissions will devastate the local environment. Below is an excerpt, and link to the full story.
(February 10, 2011) Global Times recounts the dangers of dam building that ecologists have been warning about for years.
Carbon Credit Watch: First credits for ‘forestry preservation’ cashed in; Philippines argues nuclear power should also qualify
(February 9, 2011) A Kenyan company has become the first recipient of Reduced Emissions from Deforestation and Degradation (REDD) credits. Meanwhile, the Government of the Philippines argues that carbon credits should be issued for nuclear power.
(February 4, 2011) Carbon credit traders are pushing for a fraud compensation system in the wake of large scale carbon credit theft. Read about this and other stories in our carbon market media roundup.
(February 4, 2011) This recent Economic Observer story provides a glimpse into the Chinese Government’s upcoming dam building frenzy.
(February 3, 2011) The Government of China is using international pressure to reduce carbon emissions as a pretense to build a series of controversial power stations on the pristine Nu River—a UNESCO World Heritage Site—despite opposition from environmentalists and human rights advocates.
(June 11, 2008) While earthquake damage sustained by the country’s dams may pose serious threats, many are turning to the dams themselves for explanations. Probe International Fellow Dai Qing says: “We must look carefully at the questions: How do dams impact earthquakes? How do earthquakes impact dams?”
(March 21, 2002) ‘While going green has consensus with the Chinese leadership, much depends on government will if renewable energy such as solar, wind and geothermal are to emerge as significant sources in China’s overall energy mix.’