UN CDM board rules out clean coal project freeze

The case for an immediate suspension of the methodology used to grant carbon credits to coal-fired power plants in developing countries is too weak at the moment, the executive board for the clean development mechanism (CDM) decided on Thursday.

A UN panel has raised doubts about the baselines used to work out how many additional CO2 cuts are made by these plants. It advised suspending the methodology, which would prevent new projects registering, while the baseline is revised.

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