Analysis-China CDM growth not enough to tackle emission rise - Reuters

[Eugene]

ANALYSIS-China CDM growth not enough to tackle emission rise
08 Feb 2007 15:37:19 GMT
Source: Reuters

(This story is part of a Reuters package on carbon trading under Kyoto)

By Emma Graham-Harrison

BEIJING, Feb 8 (Reuters) - Beijing needs to clean up its power plants and start burying
the carbon dioxide they pump out, as a booming trade in emissions cuts under Kyoto is
dwarfed by a spiralling number of coal-burning stations, officials say.

The world's number two producer of greenhouse gases refuses to accept caps on
emissions growth, but touts efficiency and renewable energy targets as a sign of its
green credentials and has attracted a slew of investment under the Kyoto Protocol.

The Clean Development Mechanism (CDM) allows industrialised nation polluters that
overshoot their own targets to fund projects in the developing world to make up the gap.

-snip-

But China's emissions problems are so severe that even if it continues to suck in 60 percent
of CDM cash it would not be enough to address the impact of a voracious appetite for power
to fuel the country's double digit annual growth.

-snip-

Full article: http://www.alertnet.org/thenews/newsdesk/PEK2187.htm

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