China’s Renewable Industry Still Getting CDM-Funded Projects

China is clearly the world's largest user of coal by far and the world's largest emitter of carbon dioxide emissions and it has no intention of changing that direction

By Institute for Energy Research -- Bio and Archives--July 24,2012

Global Warming-Energy-Environment | Comments | Back To Full Article

What is the CDM? And, why is China benefiting from it? As a way to reduce greenhouse gas (GHG) emissions at lower cost, the creators of the Kyoto Protocol devised the Clean Development Mechanism (CDM). The CDM allows net GHG emissions to be reduced at a lower global cost by financing emissions reduction projects in developing countries where costs are lower than in industrialized countries.

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China’s Renewable Industry Still Getting CDM-Funded Projects

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