UN 'climate body' says $15.5 billion is needed to save its fraud ridden 'carbon offset' market, the CDM

6/10/13, "UN study reveals $15-bln price tag to save the CDM," Reuters Point Carbon

"Rescuing the world’s biggest carbon offset market – the Clean Development Mechanism (CDM) - could cost 11.7 billion euros ($15.5 billion), according to a study commissioned by the U.N.’s main climate body, up to three times higher than previous estimates." via Tom Nelson



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