UN cap-and-trade system: Good for China and India, but who else?

The United Nations-administered cap and trade system to reduce planetary greenhouse gases through investment in “green” projects in developing countries has directed most of its billions of dollars in investments to China and India, two of the world’s most notorious polluters.

 

Indeed, China and India together have gotten more than 70 percent of the more than 4,100 projects so far registered for the system, while most developing nations, aside from a handful, have gotten hardly any at all, according to the system’s own accounts.

 

www.foxnews.com/world/2012/05/14/un-cap-and-trade-system-good-for-china-and-india-but-who-else/print