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Renewable Energy Incentives Future in Danger
Political rancor seems likely to derail a vitally important piece of legislation affecting the renewable energy sector. The Investment Tax Credit (ITC) grant scheme was introduced as part of the 2009 U.S. stimulus package, and it was considered a key piece of legislation by the green sector because it supported the industry during an economic…
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More Fraud Within the Clean Development Mechanism
A consortium of North American and European activists have demanded sweeping changes to the Clean Development Mechanism (CDM) after charging that up to one-third of all CERs ever sold may have been illegitimate. The groups are demanding an investigation to determine whether a number of coolant firms have manipulated the marketplace since 2005 by deliberately…