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REDDisms

“Companies can choose to reduce their emissions or buy free. The strength of the trade is that emission rights are controlled to those who can pay best and that emissions are reduced most where it is cheapest to reduce them. It would be crazy to reduce Swedish emissions by 20 percent if you could instead make the same reduction in Poland at much lower costs.”

— Niels von Zweigbergk, then-CEO of Svensk Kraftmäkling AB, May 2005

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The World Bank Forest Carbon Partnership Facility’s latest hot air scam: Retroactive credits

Recent Comments

j'accuse on The World Bank Forest Carbon Partnership Facility’s latest hot air scam: Retroactive credits
Arthur Charles Claxton on Graeme Biggar, Director-General of the UK’s National Economic Crime Centre: “There is not a sufficient deterrent for fraudsters and there is insufficient recourse for victims”
Chris Lang on Blackmore Bond collapse: Financial Conduct Authority is “responsible for every penny lost”
Sam on Blackmore Bond collapse: Financial Conduct Authority is “responsible for every penny lost”
barrywarden on Coronavirus notes #7: How the Colombian government is rolling back social and environment safeguards during the pandemic

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