07.07.2010
Climate to warm at double rate
THE world is heading for an average temperature rise of nearly 4 degrees, according to a global analysis of national pledges. Such a rise would bring a high risk of major extinctions, threats to food supplies and the near-total collapse of the huge Greenland ice sheet. |
07.07.2010
UN's climate report 'one-sided'
THE IPCC's report on climate change failed to make clear it often presented a worst-case scenario on global warming, an investigation has found. |
06.07.2010
Korea, Mexico discuss ways to upgrade ties
The foreign ministers of South Korea and Mexico on Tuesday met to discuss follow-up measures for cementing stronger ties following a recent summit between the countries. |
06.07.2010
CDM Panel Calls for Investigation Over Carbon Market Scandal
Certified Emissions Reduction Units (CERs) for the destruction of HFC-23 represent over 1/2 of the CDM credits issued to date. The CDM’s HFC-23 projects pay 65-75 times more for HFC-23 destruction than the manufacturers pay. A revision request submitted by CDM Watch to the CDM Executive Board provides overwhelming evidence that manufacturers are gaming the CDM system and undermining carbon markets by producing potent greenhouse gases (GHGs) just so they can get paid to destroy them. The revision request called for an immediate overhaul in the rules governing the number of credits being issued and removal of the perverse financial incentives that currently exist. |
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