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Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Australia China India Indonesia Japan Malaysia Philippines Thailand Vietnam Search Search: How the Clean Development Mechanism works By The Associated Press AP - 39 minutes ago The Clean Development Mechanism is designed to allow voluntary reductions in greenhouse gas emissions in developing countries to offset required reductions in industrial nations. Here's how it works: _An electric utility, cement maker or other enterprise in an industrial nation might be required under the Kyoto Protocol to reduce its annual 1 million tons of carbon dioxide emissions to 800,000 tons. _The company trims 100,000 tons on its own, but finds it too expensive to buy emissions-control equipment to cut the second 100,000 tons. _Instead it buys 100,000 "certified emission reductions" on the carbon market and applies those to its quota. _The 100,000 credits had been sold to the market after being earned in a developing nation, not obligated under Kyoto, where a clean energy project was certified to have reduced emissions by 100,000 tons a year, compared with what normally would be produced. The extra CDM earnings, for example, might enable a developer to install emissions-free wind power in place of a less costly, but emissions-heavy, power plant. Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Related Articles: Asia Pacific How the Clean Development Mechanism worksAP - 39 minutes ago China dams reveal flaws in climate-change weaponAP - 42 minutes ago Vietnam ferry accident kills 40, mars Tet new yearAP - 1 hour 8 minutes ago At least 40 dead in Vietnam boat tragedyAFP - 1 hour 16 minutes ago Sri Lanka troops overrun last Tiger town: army chiefAFP - 1 hour 35 minutes ago Most Popular – Asia Pacific Viewed Child matador kills six bulls in Mexico 'Dogs don't wear condoms,' says Baywatch star Anderson Ring of fire: Indian Ocean to see solar eclipse Hudson 'miracle' pilot gets hero's homecoming World crisis deepens as downturn bites in Asia View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular

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How the Clean Development Mechanism works
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