Since there seems to be resurgence of attempts to defend the Clean Development Mechanism (CDM) offset system, it seems time for a reminder of how badly the idea has failed. The fundamental idea behind CDM is that greenhouse gas polluters in rich nations could continue to release greenhouse gases, but pay polluters in poor nations to reduce emissions. The results, it was claimed, would be the same greenhouse gas reduction as the rich polluters could have achieved, but at a lower cost. CDM works by having a polluter in a poor nation accept CDM money, then compares their actual situation …
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Gar Lipow, a long-time environmental activist and journalist with a strong technical background, has spent years immersed in the subject of efficiency and renewable energy. His new book Solving the Climate Crisis will be published by Praeger Press in Spring 2012. Check out his online reference book compiling information on technology available today.