ETS Investor Alert 8-13-08
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Submitted by EnergyTechStocks.com
Responding to criticism by environmental groups that some of the carbon credits it’s certifying are bogus, the United Nations plans to tighten the rules on earning carbon offsets. uk.reuters.com
This is going to make it harder for speculators to cash in on projects in developing countries that serve to lower the overall amount carbon produced in the world. Hopefully it will be enough to eliminate growing skepticism about carbon credits being a legitimate way to address global warming.
