UN Cuts Emerging-Nation Carbon Out of EU, Sindicatum Says
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United Nations regulators are probably cutting emission projects out of the European market by failing to reform processes fast enough and by changing existing rules, said Sindicatum Sustainable Resources Group Ltd.
Regulators in the largest greenhouse gas-offsetting market probably won’t start a risk-based sampling system to approve registration of emerging-nation activities this year, according to a management plan for the Clean Development Mechanism executive board. On Oct. 20, Martin Hession, chairman of the board at the time, said the system would start as early as 2012.