Grist: Failure thus far to agree on a successor to the Kyoto Protocol means the worlds largest carbon-offset program is poised to shrink.
Since it began operating in 2004, the Clean Development Mechanism (CDM) has supported 7,432 projects to rein in greenhouse gas emissions in poor and developing countries. Those projects have included wind, solar, and bioenergy installations, forest plantations, and energy-efficiency efforts. (Controversially, they have also included coal- and other fossil fuel-based...