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
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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.

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