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Billions Wasted in UN Carbon Program: Study

Most funded projects 'won't reduce emissions'

By Caroline Zimmerman,  Newser User

Posted May 26, 2008 3:38 AM CDT

(Newser) – Billions of dollars spent to encourage developing nations to cut greenhouse gas emissions are being wasted on projects that don't qualify, according to two new studies of the UN's carbon credit program. The Kyoto agreement arranges for wealthy countries unable to meet emission reductions to...   Read full story »

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