Image credit: Lollie-Pop /Flickr As fossil fuel prices rise, as oil insecurity deepens, and as concerns about climate change cast a shadow over the future of coal, a new energy economy is emerging. The old energy economy, fueled by oil , coal , and natural gas , is being replaced by one powered by
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The CDM can fund clean energy projects like concentrated solar farms (photo via flickr) It’s called the law of supply and demand. Know it? Decrease supply, and demand will increase. The dynamic is even better when the supply decreased is carbon credits for polluters. The UN backed Executive Board of the Clean Development Mechanism (CDM) has suspended carbon credits for shady chemical manufacturers in China that were producing an excess of pollution and then destroying it, all to get cr… Read the full story on TreeHugger
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CDM Moves Against Chinese Polluters, Carbon Credit Prices Rise
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Tagged business & politics, Celebrity, climate solutions, Hollywood, News, past, prices-rise, supply, then-destroying, united-states
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