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Carbon credit dollars to flow through China dams, but may do little for climate

Discussion in 'Political Discussion' started by Real World, Jan 26, 2009.

  1. Real World

    Real World Moderator Staff Member

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    China Dams Reveal Flaws in Climate-Change Weapon

    Carbon credit dollars to flow through China dams, but may do little for climate

    By JOE McDONALD and CHARLES J. HANLEY Associated Press Writers
    XIAOXI, China January 25, 2009 (AP) The Associated Press


    (AP)The hydroelectric dam, a low wall of concrete slicing across an old farming valley, is supposed to help a power company in distant Germany contribute to saving the climate — while putting lucrative "carbon credits" into the pockets of Chinese developers.

    But in the end the new Xiaoxi dam may do nothing to lower global-warming emissions as advertised. And many of the 7,500 people displaced by the project still seethe over losing their homes and farmland.

    ........

    Rather than reduce their own emissions, "firms in developed countries are buying offsets that don't represent real behavioral change, real reductions in emissions," said Wara, the environmental law professor.


    ABC News: China Dams Reveal Flaws in Climate-Change Weapon
  2. Fogbuster

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