Freeman Spogli Institute for International Studies Program on Energy and Sustainable Development Stanford University


PESD News



July 14, 2008

Michael Wara Discusses Coal and the CDM

in the news: Wall Street Journal on July 11, 2008

The CDM Executive Board recently approved several gas-fired power plants under the UN's carbon offset scheme, opening the door for subsidizing coal generation and stoking controversy. Michael Wara questions the additionality of such projects and argues subsidies are better spent on other clean-energy development.