| Sourced From Nrc.nl |

The Kyoto protocol allows rich countries to meet their greenhouse gas reduction commitments by investing in projects abroad. But research shows that many of these projects would have happened anyway.

In the run-up to the Copenhagen climate change summit the European Union likes to portray itself as the world climate leader by pointing to its commitment to reduce its CO2 output by 30 percent

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Tags: carbon credits, CDM, CO2