From Environmental Finance
The recent suspension of a leading CDM verification company has highlighted the need to ‘professionalise’ the auditors of greenhouse gas emissions, say Tim Stumhofer and Michael Gillenwater. Read More»
Will carbon trading work?
December 14, 2009 11:41 p.m. EST – From CNN.com
(CNN) — Carbon trading — with its mix of free-market principles and government regulation — holds global appeal as a way for businesses to reduce emissions. But lack of a global market for carbon trade and questions over surveillance and accounting for pollution offsets raises questions about its viability.
The factors complicating accurate carbon-trading reportage begins with the “product” — in this case the absence of an invisible gas. Adding to the intangibility is the crediting of businesses for projected reductions in greenhouse gas emissions. Read More»
From Reuters News on 19 November 2009, 16:19 PM
By Michael Szabo
LONDON, Nov 19 (Reuters) – An injection of U.S. talent into the $6.5 billion market in carbon offsets would help clear bureaucratic bottlenecks, making way for increased investment in clean energy, the CEO of a $310 million environmental fund said. Read More»