Another triumph for the world's greatest man-made catastropthe

                               Data source: US Statistical Abstract, Table 1351.

"China has become the largest provider among developing nations of carbon credits under the Kyoto Protocol after approving more than 350 foreign-invested carbon reduction projects. As a developing country, China is not obligated to meet targets set by the Kyoto Protocol, but under the Clean Development Mechanism (CDM) it can provide so-called carbon credits..." China.org.

"China is effectively being singled out for the successful way it has adapted to the CDM, Anders Brendstrup, managing director for China for Camco, told Reuters. ‘They should be praised, not criticised, for this success,' he said. Camco is one of the larger CDM project developers and advisers in China." Reuters.

Europe's post-scandal carbon market is sleepy

“Dead” is a word that might describe trading on this exchange.

Maybe it has something to do with the members of the advisory board? On it we find Ed Begley Jr., Joe Kennedy II, and Dr. Rajenda Pachauri. With a team like that, how could it fail? The real problem with carbon credits is that there’s nothing tangible to trade. It’s all spun from thin air, literally. At least if you trade pork bellies, corn, wheat, or even orange juice, there’s something tangible that will eventually be delivered somewhere – Anthony