TV Feature Exposes Carbon Swindle

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A German power utility is buying large amounts of carbon credits from Chinese hydropower projects. A television feature (in German language) reveals that in violation of CDM rules, many of these projects would have been built even without the carbon credits. The carbon credits did not reduce any greenhouse gas emissions, but simply increased the profits of the hydropower developers. The global climate and the German electricity consumers are paying the price for this carbon swindle.