Dr Richard North
"The UN's CDM Executive Body is to review a request from a Chinese plant destroying HCF-23 to generate carbon credits. This follows on from its action in blocking four similar requests "in a bid to ensure that the plants do not deliberately boost their greenhouse gas emissions" – exactly the scam we discussed in December 2009 and again last June.
The Chinese plants are requesting millions of Certified Emissions Reduction Units (CERs) for destroying HCF-23, a potent greenhouse gas that is a by-product of manufacturing the refrigerant gas HCF-22. The credits are generated under the Clean Development Mechanism (CDM), which "allows" industrialised countries to offset a part of their emissions by funding reductions in developing countries.
The whole thing, as we explained in our earlier pieces, is a gigantic multi-million dollar scam. Furthermore, it has been going on for years, ignored by the greenies over here and especially the media. And even now, the World Bank is seeking to defend the indefensible."
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