Caixin OnlineBusiness & IndustryTop Stories Industry As CDM Stalls, Wind Energy Drifts in China
04.08.2010 11:24

As CDM Stalls, Wind Energy Drifts in China

More than a dozen wind power projects failed to win international CDM funds, raising questions about the sector's direction
By staff reporter Zhang Ruidan

Wind energy advocates fear a recent decision by an international board overseeing the UN Clean Development Mechanism (CDM) may have dealt a devastating blow to China's CDM process.

Others worry that the damage inflicted by a CDM executive board decision March 26 in Bonn may stretch beyond China, perhaps upsetting the entire global carbon credits exchange market.

We hope you have enjoyed your free articles for the month
REGISTER to get 5 more free articles, or SUBSCRIBE to get full access to Caixin
Already a subscriber? Log in now
Sign up to receive our free daily newsletter