Reuters: Kyoto Gives Chemical Plants Windfall: UNEP
Published on August 22nd, 2007
Posted in Uncategorized
LONDON (Reuters) – Chemical plants in China can earn substantial windfall profits by destroying powerful greenhouse gases, underlining the need for changes to the rules of a Kyoto Protocol incentives scheme, a U.N. report shows.
Western investors who trade carbon credits may also make windfall profits from the scheme in its present form, Reuters data show.
