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  • CDM study defending CDM against charges of being a miserable failure is a miserable failure

    My last post was a reminder that the Clean Development Mechanism(CDM) remains a miserable failure. The evidence that it does not actually contribute to solving the climate crisis included data that showed that the overwhelming majority of offsets certificates issued and approved by the program are generated by scandal ridden projects, and are widely acknowledged […]

  • CDM still a miserable failure

    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 […]