China blocks allegations


China just said at the CMP-Meeting that it is not agreeing with the finding of the CDM Executive Board (EB) on taking back some CDM-Windprojects in China. The initial Critique came up by groups like CDM-Watch that China was lowering subsidies for Windprojects which are enabled under the CDM. They would then not be „additional“ any more since they would have taken place without CDM (=certificates for the West) as well.
China now argued in a longer speech, that this dealing is basically unfair because the review (and cancellation or re-modelling) of CDM projects is role of the hosting nation (China). Thus, the EB went over its mandate by cutting those CDM projects. It is unclear, how this discussion (under the CURRENT CDM) is affecting negotiations for future Carbon Offsetting.

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