(December 13, 2011) The Durban climate conference set out to save the planet, but in the end may only save China’s green energy industry and the EU’s carbon markets, both of which are in danger of freefall. The $100-billion a year Green Climate Fund, agreed to by the conference, will finance the global spread of Chinese technologies. And the EU’s unilateral decision to extend Kyoto will help prop up its faltering carbon markets. But beyond December 2012, when the current Kyoto Protocol ends, the EU will be on its own as Canada, Japan, and Russia have declared their intention to withdraw.
(December 9, 2010) Critics say China is using the U.N.’s carbon credit scheme to hold developed countries to “climate ransom.”
(October 20, 2010) Ukraine is the latest country to face allegations of fraud connected with carbon credits, writes Brady Yauch.
(October 12, 2010) The New York Times’ Patricia Brett looks at the many criticisms directed at the corruption- and fraud-prone carbon market.
(October 8, 2010) Mark Schapiro, from the Center for Investigative Reporting, writes about the increasing complexity of policing the emerging carbon market.
(October 1, 2010) In one of the UN’s most important schemes for tackling climate change, auditing companies may have too many temptations to misbehave thanks to conflicts of interest reminiscent of the financial crash, writes Chelsea Wald for Deutsche Welle.
(September 19, 2010) Plantations on peatlands will no longer be supported by the Clean Development Mechanism (CDM), a framework for industrialized countries to reduce their emissions via projects in developing countries, reports Wetlands International.
(August 26, 2010) According to AFP, a top Chinese official says the country’s hydropower plans are about to shift into overdrive.
(August 24, 2010) The Chinese government is forging ahead with its ambitious and controversial plans for development on its rivers, writes Brady Yauch.
Subsidizing monoculture plantations: Indonesia officials want palm oil farms to receive carbon credits
(August 20, 2010) Brady Yauch writes that Indonesian officials hope to use the country’s rich rainforests to cash in on the global carbon market.
(July 30, 2010) Brady Yauch writes that citizens in the developing world are often not provided with details surrounding carbon-reduction projects.
(July 6, 2010) Brady Yauch writes that, far from failing to prevent carbon emissions, new allegations say the U.N’s carbon credit scheme is actually paying polluters to increase their polluting ways.
(July 2, 2010) Michelle Chan at the environmental group Friends of the Earth offers a quick and easy way to scam carbon markets.
(June 12, 2010) The United Nations’ decision to deny a clutch of Chinese wind farms Clean Development Mechanism status has exposed structural failures in this carbon-cutting device, argue He Gang and Richard Morse.
(June 23, 2010) A British company is alleged to have bribed Liberian officials in a carbon credit deal, writes Brady Yauch.