The carbon corruption: Iran, Sudan, and North Korea get millions in U.N. carbon credit funds

From the Washington Free Beacon by Zach Noble, how a half page of the Kyoto protocol turned into a free ride for corruption. Carbon Corruption Iran, North Korea, Sudan rack up millions by trading U.N. carbon credits The U.N. is funneling millions of dollars worth of tradable carbon credits to corrupt nations worldwide, including Iran,…

About these ads

Countdown to flatline: world carbon trading market falls for first time – World Bank reports rumblings of possible failure

I wonder how long before flatlining occurs, like last year with the Chicago Climate Exchange (CCX):   Even the Guardian is covering this “failure” of carbon markets. They write: The international market in carbon credits has suffered an almost total collapse, with only $1.5bn (£916m) of credits traded last year… Now that the Kyoto protocol…