What Next – Climate Watch
The unfrackable case against carbon credits from coal fired-power plants
Off-set carbon credits from coal-fired power plants -- doesn't that sound like nuts to begin with? Well, obviously not to everyone, as such offset credits are currently allowed within the Clean Development Mechanism (CDM) under UNFCCC. However, recent studies have delivered some serious blows to the methodologies used. Check out this report in Payal Parekh's blog that refers to an SEI study showing inflated credits by 71%, and the CDM Methodology Panel concluding 51-62% overestimation of greenhouse gas emissions from coal plants in the CDM pipeline.