UN carbon credit failure casts doubt on aviation scheme

A new EU-funded study has disputed the environmental benefits of UN carbon credits, leading to warnings that a new scheme for offsetting aviation emissions may face similar problems

A new EU-funded study has disputed the environmental benefits of UN carbon credits, leading to warnings that a new scheme for offsetting aviation emissions may face similar problems.

A report for the European Commission found that only 2% of all projects set up under the UN’s Clean Development Mechanism (CDM) were highly likely to have brought about real, added emissions savings. And 85% were likely to have exaggerated these benefits.

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