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How to get rich
So you think giving developing countries all those free "carbon credits" is going to cut greenhouse gas emissions and save the planet? Think again.Through a bizarre but wholly foreseen loophole in the UN's Clean Development Mechanism (CDM) system, payments are actually incentivising manufacturers in China and other developing countries to continue producing one of the most potent of all greenhouse gases, the ozone depleting substances (ODS) known collectively as CFCs, used for refrigeration and other industrial purposes. Posted by: ed 2009-12-22 |
| http://www.rantburg.com/poparticle.php?ID=286146 |