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Africa, Steer Clear of This Ponzi Climate Scheme

OxfamClimate gamblers have been led astray since 1997 when the Kyoto Protocol was amended to let corporations buy the right to pollute in exchange for endorsing the treaty. Predictably, Washington has refused to honour this ever since.

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M&M to Establish New Solar Power Charging Stations to Run Electric Vehicles

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Mahindra Solar One, a joint venture between Kiran Energy and Mahindra, today commissioned its first 5MW solar energy plant in Jodhpur in Rajasthan to run electric cars.

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Funding for carbon trading projects halted

Funding for a carbon trading system known as Reducing Emissions from Deforestation and Forest Degradation (REDD) has been suspended until further negotiations between poor countries and powerful industrial nations.

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OPIC lends $10 million to MicroEnergy Credits

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Seattle based MicroEnergy Credits (MEC) has received a $10 million loan from the Overseas Private Investment Corporation (OPIC) for the development of carbon credit programs with its partner microfinance institutions.

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Govt steps in as carbon credits plummet

The Emissions Trading Scheme was introduced in July last year, with the promise it would change the behaviour of both consumers and big emitters.

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